PEN peninsula energy limited

What investors and HC posters/holders of PEN fail to realise is...

  1. 1,288 Posts.
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    What investors and HC posters/holders of PEN fail to realise is that the market is driven more by sentiment than facts. Facts definitely influence sentiment however PEN has a history of being a "loser" and aged investors such as I see it as such. This is the sentiment that predominates in the minds of investors when looking at buying or selling PEN. Also more prescient older investors generally have more money to punt on stocks than newer less experienced ones. I was surprised to see one vociferous poster here plugging PEN daily who let slip that they were increasing their holdings from $500 to $1000. These small investors generally lose in a market where larger amounts move the price held by traders who rarely post on HC. Then you have guys like Lord Bell who for their own reasons push a stock and are followed by naive investors and traders. So, the sentiment driven by facts is as described by this HC article. Harden up. We have all lost money now and then. The secret is to have more wins with bigger stakes. You may ask why am I posting. I hold no PEN stock and have it as a sell. I do so to continue learning about markets, the buying and selling, who is doing it, and looking for a chance to make some more money. HotCopper is a great site for learning, whether you are young with small bets or older with larger ones.
 
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