GREY:SCSZF - Post by User
Post by
iaminvestoron Mar 11, 2013 3:42pm
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Post# 21112306
HERD BEHAVIOR: NZ.V versus SCS.TO
HERD BEHAVIOR: NZ.V versus SCS.TO NZ.V issues an update and disappoints the mass......the mass dumps the stock driving it down to 33 cents few days ago. NZ.V is at 65 cents today just few days later WITHOUT ANY UPDATED NEWS of course. This is 100% yield in one week.
This is one more lesson about how detrimental the HERD BEHAVIOR can be for a seller/ retail investor.
The retail investors keep selling SCS.TO at these ridiculously low prices ignoring that they can lose 100% in a few days.