When management posted in these forums spruiking the stock, saying you wont see these prices for long, I see now he meant that we should have sold cos yeah he was right, we havent seen those prices again, you know 3c and a bit. And when ES screamed BUY BUY BUY at those prices, didnt realise it was contrarion signal to sell. My mistakes, should have sold like the other Mum and Dad investors as TZ intimated and crashed the SP.
By the way, have to laugh at the irony. When I had my yarn with ES years ago, they informed me they were trained as chartists and based their trading on strong trends. I was then shown some stocks with trends they avoided, and told 'would you buy this, these stocks'? They looked very much like the STL chart. LOL
If you are wondering why the lack of interest, just look at the trend, and think if you were to start over would you buy in? As I said chronic downtrend looking for a bottom, and reading THAT report sure isnt going make you go, BUY, BUY, BUY!
So tell me where to from here? Wait passively for things to play out?
Expand