'talking their own book'.27 Jul 2024 01:22
Hwat is it when someone who owns shares says 'they will be 50p in a couple of years' when it's barely 0.7p? why isn't that ''talking your own book'?
when you buy it's because you think and want it to rise. that's self interest. doesn't matter that others also want it. it's self interest. it's why you badmouth anyone who says 'the price looks weak' or 'it's falling.
so don't pretend that it's solely the purpose of critical comments too.
and just accept that a share can be overpriced for what it is until it hits a lower price that brings buyers in.
why do you think the herd get in on a rise and then bs about it being 'mulitbagger in the making' when you know they'll quit as soon as the buys dry up.
but you don't mind that 'book' because you benefit but, lets face it, it's no less forced than a critical post.
in fact, being a sole poster against everyone who holds means they have zero clout to influence a share. the very idea that one poster is 'bad' because they have a price in mind that makes the share more promising is pathetic. the idea that someone else can post 7000 times about the glorious future of the share, on the other hand, esp, to a trumpian crows that eally, really, really want it to be true is just as damaging. if the past 3months show you that the market decides, not posters, then you're not being honest with yourself not your ability to be objective about the share (or any share)!.
do any of you day traders who profited from #PPP believe it's got a future? if so, why get out? more to the point, having made possibly 2-400% in a week while losing 10% here makes one wonder why you keep pumping more money (supposedly) into this?
the only thing it really has going for it atm is that it's 50% off... not a bad reason but, let's be honest, averaging down is an emotional bailing out of a bad buy at a high price and trying to jistify it. personally, wouldn't every one have been better off with just their day trades?