As I see it.
The investor in this space is basically one avenue micro caps use to get access to cash.
Micro cap operators tell their story and keep adding chapters to maintain the existing shareholders and attract newbies.
Sure these companies conform to ASX requirements, but the ASX is the Casino operator. There in the game to win too.
Then the herd/ investors get involved, stampeding from one end of the paddock to the other in a cloud of dust with the stock men (brokers) cracking the whips to enhance the confusion. Standing outside the fence are the promoters urging on the herd and swinging sentiment depending on which way the herd moves.
The key for the investor/trader/punter when they arrive at the saloon to play the game, is to know when to hold em and when to fold em. Its like poker - you get dealt a hand, put your chips in and play. Then you accept the cards. During the course of the hand, signals are sent. You either read them or ignore them. Those that read them cash in and wait for the right hand - many hang on in hope and do their stake.
But the house will always win - they get paid on the way through.
Its a tough gig.
Few get lucky - I hope you do.
- Forums
- ASX - By Stock
- WFL
- on the bright side
on the bright side, page-4
-
- There are more pages in this discussion • 35 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WFL (ASX) to my watchlist
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.478M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
WFL (ASX) Chart |
Day chart unavailable