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Morning trading May 20, page-209

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Endless

32,509 Posts.

20/05/22

11:21

Post #: 61520727
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Originally posted by Endless: ↑

GAL. Fair enough. But GAL is being a bit of a unicorn. It sure is paying off for GAL atm but most of the time if you try this you will get whacked.

I apply the same logic to all stocks and usually get most right.

I have to say that I find the buying on GAL looks like pumping from one source and smaller retail following. That's been a pattern with quite a few runners lately.

As I said, your comment in this case is fair enough, but there's not too many times that anyone has cause to make them. So I must be doing something right.

I'm happy to see the punters making $$$s but my experience is that it's easy to lose it too.

Just academically. Let's see where the SP is in 3 months? Maybe another CHN or not.

Cheers

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Just add that altho hardly anyone notices these days – this is/was the Day Trading thread so my comments are based on daily trades not LT positions.
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