CUL 25.0% 0.6¢ cullen resources limited

what cause cul to spick to 0.19 2 months ago, page-3

  1. 4,557 Posts.
    what triggered it ... greed ... resource mania driven by Chindia world media and yes even daytraders on popular chat forums like HC

    irrational exuberance similar to the dotcom mania caused spikes in prices

    prior to the US credit woes traders of penny stocks went through periods of frantic buying sprees uranium became the flavour of the month we saw Paladin go nuts and traders looked for (and saw) mini Paladins everywhere

    uranium went out of the spotlight and traders went looking for next big thing along came the iron ore frenzy as traders now went in search for mini BHP`s

    enter CUL with gold copper iron ore jv it became traders heaven

    stocks go in cycles trick is to identify the next hot stock or sector ride it and exit at the top

    lots of reading research and who knows you may get the timing right fact is very few do but still they try

    traders are gamblers looking for their next fix investors on the other hand know that quality pays off in the end however once you get the rush of a stock going up 100 percent in a week you start thinking investing is for pussies lol
 
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