ANN's aren't always the honey pot they sometimes seem to be....

ANN's aren't always the honey pot they sometimes seem to be. This week is a decent example of that for us. Share price in the short term is essentially impossible to predict with any degree of certainty.

If we took a poll in here before market open on Tuesday as to what share price we would close at on Tuesday afternoon (factoring in the ANN), I would bet very few would have said 12.5 cents.

The only way I've personally found that makes me money (on paper so far) is doing a hell of a lot of research and then buying and holding. I'm up 200% on LRS this way so far. It doesn't mean that if you buy and hold any stock that you will make money, but it is a better strategy than jumping in and out based on whatever the herd is doing (IMO - not advice)

I also personally think the people selling down at these current 11 cent levels are a great example of why so many traders lose money. The smart sell (for shorter term traders) was up at 14 and 14.5 on Tuesday. Selling now IMO is like the people who were selling down at 6 cents in June - selling after the horse had already bolted.

I was buying at 6 cents in June and it paid off handsomely. Those folks who sold at 6 missed a doubling of the share price in the space of 2 short months.

All IMO DYOR not advice.