RAC 1.11% $1.83 race oncology ltd

I lost 1.5 BMWs on paper yesterday but I'm not phased as...

  1. 465 Posts.
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    I lost 1.5 BMWs on paper yesterday but I'm not phased as this is an inevitable part of the process.
    I am not convinced that the right way to describe the Australian Biotech industry as being misunderstood is correct. It just seems to me that manipulation of a stock has an ability to create a selling herd mentality that sees drops like we saw yesterday.
    A lot of people have made a big fat profit on RAC and so it makes sense that a portion of them will sell at the first sign of weakness in the price.
    I'm not selling a single share right now and my average buy was around 0.21 although I did buy another $100k worth at $4.10 as well
    Last edited by cableguy1411: 02/04/21
 
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