RE: hard to be a contrarian When a stock tanks, there is a reason for it and to be a contrarian is a risky proposition, unless one likkes gambling, in which case I rest my case. And for the record, I like to be a contrarian/ gambler and I have just topped this up to 500k and come what it may. Yet I would not recommend to anyone to become a gambler. To be a gambler requires a certain temperament and attitude in life that is missing from a lot of us, yet we gamble nevertheles by investing in penny stocks. Have a good day in the market!