Long Run Explor Ltd Ord WFREF

RE:RE:RE:WTF

[wilwal]

I expected someone would question the "risk over the weekend" and we have a couple of takers so I shall explain in spite of the nasty replies.

First of all, when you enter a position in a stock, any stock, you take on risk.  I think people who bought into this stock at $5 know exactly that holding a stock means risk.  If you don't know that, you should just spend your money and forget about investing.

Secondly, there is enough volume in these stocks for daytraders.  I am not sure if you guys know what a daytrader is, or a swing trader, but but pure daytraders usually do not hold overnight because of risk at the next open.  Swing traders will hold longer but if they think there is a risk at next day open, they will close out at the end of the day.  Anybody with their eyes open have seen that the market has turned sour on these high-debt companies after the LEG deal. When oil is up big and your stock is trading lower, you know there is short term downside risk.   The risk is significant for holding for a lower open on Monday, pure and simple. Any short term trader would have gotten out by end of day, hoping to buy in again on Monday a few pennies lower because the sentiment is down right now.