One has to wonder..how sometimes investors only want to buy when a stock is overpriced and due for a pullback and other times they are even selling shares at a near bottom?
Rule one of investing :
Buy low and sell high!
How hard can that be? Who are those lone sellers? They are few but they are still there. Who are you?
I've seen this so many times, even in Orko a while ago...really really good story Orko...fundamentals are pretty much clear and yet you see people taking losses on a purchase they did....lemme say just weeks before.
If the fundamentals had changed...OK...different story!
But until that happens...in a soon to start again gold bull market...selling at a low...around the 200 MA ;-)
I don't know if that is such a smart thing to do?
Don't get scared holding these shares. Get scared if the fundamentals change...now...nope. I'm not fooled.
Of course, I do not profess to hold every wisdom so to each their own of course. I have no vested interest either way. Just do your due diligence.
And always remember, a low can always be divided by 2 so there are NO market guarantees.
To the buyer of these cheap shares...good luck in finding more. It'll be like searching for a needle in a haystack in a while but....good luck with that.