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Another Casualty

08/22/19 1:39 PM

#112173 RE: Atinus #112172

Depends on ones time frame. Now? No. Is it possible? Yes. Is it possible it goes to 12.50? Sure. That's the beauty of trading. Right now it could and likely will continue down. Hence buying in bits over time an accumulation phase. I place my faith in the company managing them now. I think long term we are going up short term down. I generally aim for around 50% in gains before I start unloading. But I am also a very patient trader. I doubt they will fail at least not in the near future, and I can for sure say weve definitely seen a major correction. Time will tale. I think 25 is a good place to start accumulating. At least I'm not worried about losing money that is.

nowwhat2

08/22/19 2:13 PM

#112177 RE: Atinus #112172

Also : It would be interesting to see how DEMAND is affecting stock valuations !....


I imagine DEMAND'S not living up to "expectations".


Perhaps the Black Market's still relatively unscathed.




The whole Sector has simply been a Stock Market Cash Grab Play.....


That's why we've seen SO MANY coming to market.


Howe Street / Bay Street / Wall Street / Nasdaq / CNBC / Newsletters


An entire industry just sprang up out of nowhere.....



Like a Snake Oil City with rabid projections !



All for the purpose of getting each wealthy.



But now the poop's hitting the pavement.



Perhaps.



I mean like ; Can anyone DOUBT mans' propensity towards GREED ?




Plus like, people should'a seen all this stuff freaking coming
and they should've been posting that that's what was happening.....


I mean like ; I freaking have been - I've been like - Hey man, c'mon !


With this just as 1 of perhaps 100 examples ;