Cheer up!24 Sep 2018 20:28
In times of adversity like now, it's always nice to be able to have a right good laugh to lighten the mood. So I recommend you read this post by PJ100 the day before the "news" which has put FUM where they are now:
"PATTSV,
Yes, your observation is accurate.
Outside events are never the driver of price and so the way a stock seems to 'react' to news is totally dependent on where it happens to be in it's SP cycle.
The only reason FUM has not appeared to respond to good news since march is that it has been in a retrace.
Now, however, the re-trace seems over, and the stock will likely be in the early stages of an uptrend. And the chart shows it is likely to be the most explosive uptrend so far.
So any good news released by the company now will appear to propel it upwards.
This all fits with what I think we all know about trading or investing in stocks. It's not important what the underlying company do or sell........it's our timing that really matters to whether we make a profit or not."
I laugh as hard reading it the last time as I did the first. It's a work of comical genius, extremely funny and a real mood lifter!
Good luck all FUM shareholders.