It is simple. Well-liked posts with lots of TUs are generally filled with lots of "hope" and "warm, fluffy words" that wrap us up and keep us warm.
They usually become more popular and prolific when times get tough and people start taking losses.
But the truth is, they WON'T help you get your money back!
Some warm fluffy comments:
"Bots are manipulating us, it's time to buy..."
"Insert Warren Buffet quote about fear and buying"
"Chartists try to manipulate so they can buy lower"
"Averaging down is a good strategy"
Meanwhile....
The case for Contrarian POVs
Add OAK (ASX) to my watchlist
 (20min delay)
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Last
5.5¢ |
Change
-0.001(1.79%) |
Mkt cap ! $968K | |||
| Open | High | Low | Value | Volume |
| 5.6¢ | 5.6¢ | 5.5¢ | $3.147K | 56.32K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 118148 | 5.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.9¢ | 75000 | 1 |
View Market Depth
| Last trade - 10.51am 03/05/2024 (20 minute delay) ? |
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Last
5.5¢ |
Change
-0.001 ( 1.79 %) |
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| Open | High | Low | Volume | ||
| 5.5¢ | 5.5¢ | 5.5¢ | 10579 | ||
| Last updated 10.51am 03/05/2024 ? | |||||
| OAK (ASX) Chart |