GREY:EPWCF - Post by User
Comment by
Smokey1958on May 19, 2021 2:27pm
77 Views
Post# 33231156
RE:RE:RE:RE:RE:RE:RE:Awesome news
RE:RE:RE:RE:RE:RE:RE:Awesome news Agreed, Outlander! The point is at some point in time a stock reaches it's apex. The person who bought there can never win. It is the curse of the lack of rules on shorting that you amplify the losers for stocks that reach an apex artificially by manipulation, hype and naivety and then there are many losers (eg. SONA). I'm sure there were many who bought north of $10 to $15 and sunk far too much into the hype. Thankfully Empower is not, by any current measure, in that boat ...but there were those that have positions, purchased when the sp took off that have had to demonstrate incredible patience.
Cheers!
Outlander1 wrote: Theoretically, there never needs to be a loser for there to be a winner in the stock market. Over time, the overall market increases in value so if each participant sold for more than they paid, each party would be a winner. Clearly this isn't always the case but certainly there doesn't have to be a loser for every winner.