Have to say, I do not blame you. I have had the habit lately of buying high and then holding through the falls. I trade it regardless much of the time although there have been long lulls recently. Why do I buy it high? Because I guess I fear that it is high because news is on the way. Yet it never comes.
I have a core holding which I do not touch. I sold much of it on 27 June and had to watch it bounce to 30 cents painfully. Thank God I was on holiday the following week as I would have bought it back for 30 cents. I bought it back at a loss but not a big loss and considered myself lucky.
Nobannanas, they know we are not stupid and set these selling patterns to send a message that it is being sold down. Usually because they want to accumulate. Problem is, this guy really is selling.
AOH Price at posting:
29.0¢ Sentiment: Buy Disclosure: Held
