RE:RE:RE:Healthy for a stockThemuppetshow wrote: Sanderz wrote: Troy23 wrote: Happy we got that dip out of the way...After such a crazy 4 days. Selling may or may not continue on monday, I don't care, I have a bid set up at 2,65$. it will also lead to the next leg up and short squeeze with the upcoming catalysts
GLTA
I always roll my eyes when people say the drop in SP is "healthy". It's just really peoples' excuse to be in denial. I'm sure we will surpass today's high at some point, so I'm not too worried, but healthy when your shares are worth less? I doubt that..
You sound unexperienced Sanderz and if it quacks like a duck,.. Did you not learn what happens when there is no consolidation the last time or were you still in mommy's whom? Fools with parents pocket change.
Look how many times stocks have had pullbacks, only for it to tank even lower and stay down there for a long time (or in some cases, forever).
Pullbacks aren't necessarily healthy. This thing, along with the rest of the sector, TANKED HARD early this year, after a huge bull run over winter. Were you not around then? Back then people would have said it was healthy for their stoks to have a "slight pullback". then what happened? they went lower and lower and lower and lower, leaving the 52 week highs a distant future
just my opinion of course.