The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
When someone says Boos not doing too bad when it's almost 6% down now.
Oh Snap!
J.Bash I didn't read it but thought it might be of interest here. I'm very surprised they published an article that didn't end in.....and buy gold!
trading! Why the animosity? I thought we were friends.
I gave my opinion and put up what I personally do, no financial advice at all.
You seem to be angry that I've not lost money since my post. Surely, as an investor, you don't care about the daily swings or closes and look at the weekly/monthly.
Minj, glad you took on board my post with your informative response. Glad I could save you some money yesterday.
Good morning trading! I hope you slept well my friend.
See, I was right! I'm not always, but nailed it this time.
I hope I saved someone some money with my posts yesterday.
Agreed with the above, however, if you're seriously asking on a forum (and this one at that) then I'd seriously question if you should just be investing in a managed fund or US index trackers.
Personal attacks, all the info you need to invest in Boo!
Trended down all day, bad close, US turning down, 3dma well below 9dma still, futures outside their upper BB.......have a good night fellas and don't have nightmares about tomorrows opening price.
Minj, I don't guess.
Mool, I reply with the appropriate response to the OP.
I don't look at fundamentals I go off price action.
It's very difficult/impossible.
You can stack the odds in your favour by looking at the corrective structure, looking at fib levels, volume, getting in at a likely bounce point with a tight stop in case your analysis is invalidated.
The structure is still corrective and looking at futures they're about to go lower. Admittedly the last leg down is difficult to call but we should see one more lower low.
Everyone has heard the phrase, so what's with the obsession on this board with doing it?
Relax, allow it to bottom and base giving you a good setup with appropriate stop. Randomly diving in when it's still in a steep downtrend shows how much you should trust the posts of people that do that.
You're going to regret they VERY soon! Might even be by the time I write this.
I agree that I wouldn't sell now if I'd held from the top. However, I also wouldn't and aren't buying yet until it truly bases and shows actual signs of reversal.
Great strategy.......hope!
I'd like to see a bounce and then trend change upwards between 93.7 and 90.14, I'd buy that.
If that doesn't happen I'll be staying well away until there's an obvious trend change. I've not a clue where it'll end up if it goes below that range.
That's true but I wonder if we'll see more people move towards the bargain basement brands like BOO. Similar to Aldi seeing an increase in customers when things last got tight.
I think top and bottom ends will do relatively better, the middle of the road brands get hit more.
It isn't oversold according to the RSI.