Many people enjoy the fall of stocks that they don't hold and make a panic mode.
If i hold IHG at 50 cents, of course i wouldn't be happy rather painful. However, if i buy 27cent with a few thousand with generous stop loss plan, i'm happy to watch and bear this down days and after one month, whatever, i think i'll have some chance to see stock recovering.
That's is specualting. Not chase shares that are already start with one-day wonder without fundmental.
IHG is a lot better than LUM that many people follow....
IHG Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held