WZR 0.00% 2.7¢ wisr limited

@westice There's a lot of investors who day trade this stock,...

  1. 396 Posts.
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    @westice There's a lot of investors who day trade this stock, taking micro profits. Any greater volume to the sell side and they chase each other out the door. My partner refers to them as investment blobs. Just emotional balls of jelly. I actually think there is a place for the blobs in the investment eco-system. Without them we wouldn't get the opportunity to buy in again at lower prices, like when they panic sell. We also need them on the upside when they buy out of FOMO. They create nice buy and sell points. It's probably similar to Warren Buffet's statement that 'the stock market is a device for transferring money from the impatient to the patient'. I'm long on this stock, the growth and loan book is explosive, I'm happy to be patient.
 
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