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20/03/20
09:26
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Originally posted by lordspinalot:
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Thanks polar this sudden and dramatic sp sell off is due to shorts attacks on a big scale selling into fear and uncertainty I give the shorters credit here as they loaded up big time in the 30s on a sock that the sp had risen sharply in a growth phase so was vulnerable to a fear based scenario from a well orchestrated short attack with loaded guns I feel the sp is way undervalued here now but as fear remains this sp will struggle to recover until apt releases its March quarter financials I sold out around 32 and bought back in at 23 thinking I had beaten the market again well I’m bleeding here big time but my investment decision remains I think 23 was a good entry price at the time and will hold here gltah and doom sayers
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Just remember one thing, the market is never wrong