Post by
flamingogold on Oct 16, 2024 10:10am
Any fence sitters will have to buy and hold to make money
It's a repetitive daily move... stock pops in the morning then pulls back near or below the pre-open price. This likely spooks weak investors out of their position who sell for a loss. The stock eventually recovers but not to the high of the open. Rinse and repeat for the last few months. Anyone who wants a position here will need to buy and hold and ignore the short term pain of fluctuations.
Comment by
MyNameIsNobody on Oct 16, 2024 10:37am
flamingo - People that can't live with fluctuations always end up leaving in situation like we have now, but with how the stock has been doing the last 3-6-12 months, I doubt anyone that sells is a looser. I'm saying that because I believe that all the longs like us, that have been here for years, aren't going to get rattled by this, with all we've been through before.