RE: Jumped onboard8 Nov 2024 20:42
Knot, SG911, ,
I'm guessing you are both relatively newbies - as your profiles say you have only just become members.
The majority of the chat on this board is really "green" and very inexperienced , sounding a lot like people who have never invested in the markets before.
My point proved yesterday when I slated someone - someone said they had just bought £10K shares in this company and then they asked the BB why the share price had dropped from £8 ???
Apologies but that is childlike. What sort of person buys a share before reading a little about it first ? Only a very inexperienced investor .
With regard to my comment about why buy yet , what is the hurry ?
No , I dont have a crystal ball - I dont need one.
The price has dropped another 6% today. It is still falling every day , so why would you buy when its falling ? Surely the only way you would buy while it was falling is if you had a crystal ball and knew if it was the bottom ?
I dont have a crystal ball, so I will wait until it hits the bottom as the aim is to buy low sell high and you will get more shares for your buck .
You can never guarantee to get the lowest price but at least wait until it shows of a dead cat bounce. That way you have a good chance of buying in the bottom 10%.
Just look at the chart if nothing else. Its not rocket science.