I buy on fear days not first days of bad newsAnyone that trades on NEWS shouldnt be in the markets. Headlines MANULIFE SHARES SINK WHAT ABOUT BMO shares that are down 1.00 as well what about td their share have SUNK as well they are down a DOLLAR. News = Bull ***** anyone who trades with news unless they are shorting shouldnt be in markets
Lets put it this way, I buy low sell high, I have bought this stock at 9.99 sold in the 25 to 26 range , bought some more in the 18 range and now again today, its called investing. If you are so worried about this stock then sell your little position of less then 1000 shares and go buy something else. But i look around today and see that oh look CIBC went down oh wait oils down oh wait , can this be true the TSX is down. Now i see 12 million shares sold of MFC and still above 18.70 HUMMM. that means 12 million buys and 12 milion sell right. For every seller their is a buyer. So sell me your shares so i can build up a few more 1000 of these shares and i will again see how your doing when they are 26 dollars. The cry babies are people with less then 1000 shares that cant stand to see a loss of 1,400 dollars in a day . When i see this i take that as a buy.
See how it works out but one thing is for sure, their are way bigger fish out there buying the shares and alot of small fries are getting taken.
Cheers
V