PSC 0.00% 11.0¢ prospect resources limited

Quality Technical Forum, page-10

  1. 272 Posts.
    lightbulb Created with Sketch. 58
    1. people panic as part of wider market correction and sell indiscriminately
    2. maybe forced to sell to raise cash for margin calls
    3. sl hit and people just following their rules
    4. maybe raising cash for other perceived better entries
    5. general nervousness as part of $xec route
    6. who knows

    in the end, Its a transfer from the weak to the strong resulting in a solid return for those that buy in now. the old cliche holds true, buy when there is fear. imho r/r is very good. good luck. its ok to sit out and wait, buy when turmoil has settled.
 
watchlist Created with Sketch. Add PSC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.