Post by
StockscoutX on Mar 04, 2021 10:27am
You think you are buying cheap shares?
Think again. You think you are buying cheap shares at a bargain as the SP goes lower? You'll end up buying a damaged stock that many will not invest in it no matter how good a product or company is going forward. You'll need a new generation of investors that will discover this stock for the first time to invest in it and then it will take time before SP goes back up if ever. Moreover, as management is concerned. I think the shareholders interest doesn't register in their minds by letting the SP to no end at this point in time. Why should they care? They are filling their pockets with very good salaries and all that goes with it.
Comment by
MarketMoney on Mar 04, 2021 10:31am
What you are refering is averaging down on a weekly stage 4 which isn't not wise it's like catching a falling knife....but we are not in a weekly stage 4 so what's the fuss??? We have still a nice cushion to get to the weekly EMA(30) before changing the technical analysis.
Comment by
StockscoutX on Mar 04, 2021 10:38am
Totally agree with you MarketMoney but we live in times that rules don't apply and it's a anything goes without repercussions. Technical analysis will only go so far in such atmosphere.
Comment by
StockscoutX on Mar 04, 2021 10:44am
You see how much impact a post could have? The SP lost a few pennies more since my original post that is not flattering towards SZLS. Coincidence or not, it happened.
Comment by
MarketMoney on Mar 04, 2021 10:45am
Could be or it was just a way to create more volume to test a support and move the ask lower so it can be swallowed more easier in bigger chunk ;-)
Comment by
Liked2Think on Mar 04, 2021 11:09am
haha you actually think your posts matter! haha news flash no ones posts matter at all on this website. Your mommy must tell you how special you are every day too.
Comment by
Mykndrsn on Mar 04, 2021 11:15am
Wow. If only you could harness your superpowers for good instead of evil. What a pathetic joke.