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FeMike

10/18/23 9:27 AM

#641675 RE: HappyLibrarian #641669

That's fine if that is your opinion. I strongly disagree with you, but to each their own. I think trading might increase the volatility, but it should have no impact whatsoever on long term valuation. You use the excessive sales from traders on the back end of a run as justification of it being bad, but fail to recognize that those trades had to at some point buy. Perhaps swing traders were buying when it was low, and were the support line at $0.40 that kept the price from breaking down into the $0.20's. On that end of things, they are useful. In all things, balance.

If you think it is morally wrong, that is your prerogative, but I will continue to swing trade any opportunity I see in the market.