RE: Play fair30 Mar 2019 19:58
So, whilst holding a share that has dropped this week after they have 'pounced' whilst 'taking profits' from other investments may make sense to some investment perspectives I wonder why the words used are:
"The real trick is having the fortitude to HOLD' - some would say this is a ramper phrase to keep the price whilst the rampers are selling.
"Over time new investors gradually push the price up on positive sentiment" - rampers want to increase the sentiment, especially on penny shares.
"Providing the sentiment is maintained, new investors could seriously pay 15 -20 times what you paid and still be trading below 0.2p...and be quite happy to pay it ! - dream and believe the rampers; surely a great fortune awaits you.
"you nearly always get something back on a tanking stock." - partially true, unless administration happens.
As applegarth says, this is a pure gamble.