GREY:LRTNF - Post by User
Post by
tdsbon Jan 11, 2022 1:21pm
274 Views
Post# 34304409
Human Psychology is Weird
Human Psychology is WeirdIf you take the price for Pure gold it is now trading at 68 cents. The volume is very low, 53,848 shares traded so far today, almost nothing. The time to buy is not when the value and the volume is much higher but try to explain that to the investing public. You can't, that is what makes winners and losers in this dangerous game. Most investors/speculators think "why is the price so low", this stock must be worthless. The time to buy is when investors are afraid, Warren Buffet arguably the most successful investor in history made that statement, and the time to sell is when the herd is greedy.
Although, and this is something everyone one must be aware of in this over inflated conventional stock market, if The Dow, and The S&P Crash and I believe that is very likely, then everything gets thrown out with the bath water including this stock, and you might be able to pick shares up for 10 cents on a stink bid. Mining stocks will be the first to recover because they are so beaten up. Best to hold some cash in reserve. You never know when the game of Whack A Moley will be in play. CHEERS!