RE: Toxic poison xxxxx27 Feb 2020 14:34
You can think this way and one day you'll just wake up and see it 10-20% higher....And your opportunity will be gone.
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Wow really? I bet plenty of fools were saying the same thing about NMC as it dropped at £2, £1.50, £1.00, £0.80.... as well as many other companies that have fallen into an abyss.
I'd rather miss out on 10-20-30% at these levels and buy in knowing that the company is in the clear from corrupt boards or viruses, than to not even entertain the notion that there can't possibly be anything untoward happening and keep adding to my losses on a downward momentum trade. Most utterly foolish.
I do hope it recovers once the scares are over, and I will invest if it's proven to be a sound business, but anyone who's traded through markets like these before wouldn't be 'topping up' anytime soon.