QMN 0.00% 16.8¢ queensland mining corporation limited

Profess - sorry for the dely. Real job keeps getting in the way!...

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    Profess - sorry for the dely. Real job keeps getting in the way! ;)

    Nope - didn't mikstake you for a noob at all, and I am wide awake to most of the manipulation and shenanigans that go on with various stocks, especially with respect to bot trading.

    But I must admit that I do get a bit of a chuckle every time some stocks starts to get sold down, and/or shorted, and out come the conspiracy theorists with their favourite line about "capping". And the same goes for "propping". Trying to ascribe a reason for why a stock either moves or fails to move is a common rationalization.

    If it's going up, and the trend is intact, then it's going up. Period, as they say in the USA :) Likewise if it's going down. I try to follow the trend where I can, and run stops (manual ones) to protect my risk. I don't really care whether it's cappers, proppers, or whatever. The main thing that gets up my nose is deliberate and blatant nudging of the share price by bot trading, but that's another story.

    Looking at QMN, I don't really see any conspiracies going on, and I've done one trade in this stock over the last week or so, with a reasonable profit. I'm now back in it for a second trade, and it is running nicely so far. But if my stop gets hit, I'm out.



 
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Currently unlisted public company.

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