GREY:EPWCF - Post by User
Post by
HTNYC1on Feb 24, 2021 10:09am
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Post# 32645991
PSA
PSASmall cap stocks are volatile. That's why they go up a lot and vary in price a lot. 5-10% daily swings are not uncommon. This is not Amazon. That is why they are attractive but also risky.
If you set a tight stop loss it is visible and is easy meat for shorts trying to push the price down and then cover.
Retail investors, particularly those in small cap stocks, are some of the most irrational, panic prone and emotional people on the planet. Smarter investors and institutions prey on that.
If you have a stop loss, make it a mental one.
If you do the work to understand a stock you can better value it in your own mind.
If you see others panicking take a breath and determine whether anything has actually changed about the company or whether it is just moronic group think at work.
Maybe consider profiting from it and buying low rather than being another lemming falling off a cliff.
I'm just going to templatize this message as I'm sure i'll have cause to use it again.
GLTA