Years ago in the 70's if I wanted to buy shares I would check the local newspaper pick a stock, check out the daily price, look at the yearly high and low etc. Rely on a bit of gut feeling from what I heard on the news or in the pub etc,
Now with research done wait until I was on an afternoon shift or night shift so I could drive to my local stock broker (OrdMinnett) to buy a parcel of shares. I was happy and I made money.
Same scenario in reverse if I wanted to sell.
Now every one has computers with their own trading platform, If your like me you get bombarded with information from all angles. Information overload.
Anyone now days can have a negative feeling about a stock and within 15 seconds sell a million shares and 30 minutes latter wished the hadn't.
All my shares have posted good positive announcements and everyone of them the price went down. I'm happy with the shares I have including this one and I will let it ride. ( I don't expect to see another rise like it did in Feb2015) however it would be nice.
My only conclusion is there are far to many dickheads with far to much influence running around like drunken sailors dictating the markets who really are not as smart as they think they are.
GMM Price at posting:
28.5¢ Sentiment: Buy Disclosure: Held
