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the bigger the news, the bigger the shake...

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mazewolf

1,414 Posts.

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15/08/16

11:47

Post #: 18518406
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Originally posted by Flograt ↑

I've only been trading since April and GXY was my first but at 36c. Since then I bought a chunk more on that day when it went to nearly 60c in June so I am behind now.

That days big move was driven by a pump piece on 2GB by Ross greenwood which I imagine got a heap of mum and dad retiree type investors in the 50c + range on big volume. These are the people selling out now in my opinion.

I made a mistake buying more on that day, but I am not too worried as this is going to be a long term proposition. Just a shake of the tree by the big players.

I do have limited experience so. Of course DYOR.

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the bigger the news, the bigger the shake...

GXY Price at posting: 38.5¢ Sentiment: Buy Disclosure: Held
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