TSXV:RHT.H - Post by User
Comment by
mulinekon Dec 05, 2018 9:33am
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Post# 29067292
RE:ANY STOCK THAT HAS FALLEN FROM $2.62 DOWN TO .28 CENTS ...
RE:ANY STOCK THAT HAS FALLEN FROM $2.62 DOWN TO .28 CENTS ...Sorry highrider2, but look at HIVE.V (HIVE BlockChain). Went down from $3.70 in Jan 2018 to $0.28 today (and high was around $6.75 on Oct 30 2017). Much bigger drop than RHT. And there are more like that. And I’m sure there are people holding the bags. To make money in junior market you need such people around (Gee, what a cynical ba...rd I am)
There are some sayings on the street like:
“Bulls make money, Bears make money, Pigs get Slaughtered” or
“Stock profits are just market’s short term loans which market will recall from shitty investors” (well, this one is something I paraphrased myself).
And what I mentioned before “Buy on fundamentals and sell on technicals”.
Read Charts since they are showing what markets are thinking about your darlings
Happy trading
PS
I believe RHT will pop giving great opportunity for a TRADE(I'm not saying investment. NOT yet)