eternet Agree 100%. I have been on the receiving end count less times selling at a loss. I have also been on the flip side, selling for a very nice profit after picking up cheap stock. After all, they wanted to sell at that price so why should I not oblidge and buy it, just like someone oblidged and bought mine?. I do have sympathy for traders when a wild card gets played,as VBA did, and a stock free falls so fast that if you REALLY want out,the awful truth is,you are going to lose alot of capital. I am not convinved 30c is the bottom either,I plugged in 25c for a buy. Past experience has taught me that the manipulation from Algo Traders will hit this stock hard in the next few days.Hope they want a profit from the cheap pick up on Friday and pump it up a few cents. After that may come a hard down beat.Hope I am wrong,I will gladly pay what ever the stable price is in due time.I do not jump in straight away anymore.Never buy a stock that goes up 20% and never buy one that goes down 20%-wait for the dust to settle.And like wise enternit,seems like a good buy for a medium term hold. This is not a down ramp,just using hindsight from my trading experiences to learn to sit patiently and watch,rather than jump in because I 'may miss out'. If anyone is REALLY concerned that people lost money yesterday,do not buy until price is 42c,give them a chance to recupe their cost price!!!
VBA Price at posting:
31.0¢ Sentiment: Buy Disclosure: Not Held
