BUD 0.00% 0.6¢ buddy technologies ltd

The future is now, page-78

  1. 9,788 Posts.
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    all stocks are 'manipulated' up and down by market makers all the time. many bids and sells people see are actually trades by one market maker buying from/sellign to itself - purely to provide liquidity and fake 'noise'.

    but either its all manipulation - whether the share price is rising or falling - or none of it is.

    so in either case it isnt worth talking about.

    what most mug punters get incensed by is sp falling just when their emotional conviction is highest - which is why they are mug punters

    with very high 'announcement risk' in BUD stock these pullbacks are just good opportunities to increase or enter.

    often stocks that have very big run ups go quiet for a logn time after before their second wave up

    - but BUD's got too much imminent deal/newsflow 'risk' for investors to be able to divest from as they would on other stocks when they try to time entry/exit

    as a result it will tend to generate almost panic bidding once stock looks like its bottomed and going again

    hence me laughing at the dufus who said a falling sp was stopping him buying

    the very definition of a retail mug punter

    if you're high positive on a rising trend stock but dont know tecnicals - you should buy when sp is falling - and ignore the red ink until it turns green
 
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