Algernon Pharmaceuticals Inc (AGNPF)

[bettingonbayst]

How to use online investment forums to your advantage, ie StockHouse, CEO.CA, IHUB, reddit, Twitter.

When most "posters" are highly optimistic and making bold predictions on how high a stock price/market cap can go, ie "30 dolla", and "one billion mc", you are definitely near a TOP with that said investment.

Now, when most "posters" are highly pessimistic and making bold predictions on how low the price can go, ie "pump and dump!", and "going sub .10 cents" or "it's heading for zero! Scam! Scam!", you are definitely near the BOTTOM with that said investment.

With everything going on with Algernon atm, anything under .15 cents USD or .20 cents cad is a strong buy Imo.

"Contrarian" investing is the only thing that truly works. "Technical Analysis" is pseudo science (market astrology), and fundamental analysis is basically worthless in pennyland (one might argue its worthless in all markets now, as the FED artificially pumps). As for I, well, I'm not a very good contrarian. Most people aren't. It goes against our basic psychological instincts as human beings. As Warren famously stated, "buy when others are fearful, sell when others are greedy".

Will.