Australia's largest stock trading and investment forum Australia's #1 stock forum

Weekend thread 3/11/2017 Melbourne cup tuesday, page-259

First 259 Last

Share
Profile

Follow
goggledog

7,054 Posts.

218

05/11/17

21:05

Post #: 28517478
Share

Originally posted by 5hareholder ↑

It's interesting isn't it. A lot of people responded to Jas during the week and consoled with the situation, because the majority of us have probably been bitten by our own impulses to "get rich quick".

Last week he posted that he'd bought 100,000 MUSOA around the 12c mark.

And soon enough they dropped below 3c and Jas made it quite clear of his feelings. The general consensus in the responses to jas was that chasing the penny dreadfuls to make an overnight motza rarely turn out as planned. And sometimes it was important for us to take a few weeks off to get our composure back after taking a big loss.

So yes it is quite incredible that someone can go from losing 80% of their quoted "net wealth" in 3 days on stock options, then turn around 2 days later and jump in to an illiquid micro cap stock chasing the Pilbara gold rush.

Expand

The anonymity of HC gives rise to all manner of fantasy.
3 Upvote

0 Great analysis

Reply

Top Stories

PYC

PYC achieves key designation for drug aiming to treat blinding eye disease ADOA

HVN

Consumers cautious according to Harvey Norman, as profit slumps 35% in FY24

Week 35 Wrap: HotCopper’s top watched; ‘iron ore winter’ has started; Oz inflation @ 3.5% MoM; Harris fracking flip

HLX

Helix investor makes partial takeover bid, proposing board changes

TBN

Tamboran kicks off Shenandoah South pilot project with SS-2H well spud

CCO

The Calmer Co’s Anthony Noble reflects on record breaking FY24

CYM

WA Nifty copper project steps closer to restart with Cyprium Metals inking $40M loan from Glencore

Consumer Staples Shine Amid Retail Slump – Key Stocks to Watch

VYS

Vysarn acquires Waste Water Services Pty Ltd for $7.5M; WWS to become subsidiary as expansion continues

LLC

Lendlease sells off US east coast construction operations in latest global divestment push

There are more pages in this discussion • 33 more messages in this thread...

First 259 Last

SPONSORED BY