RE: Well Done CB20 Apr 2021 17:27
Agree with most things, but i think the bottom line is that the drop is caused by impatient get rich quick investors. They dont see instant results so panic or move on to another share that they think will rise faster than the last. I know , i've been there, learnt the hard way. Even today i thought about selling, luckily still up after buying in very low, but fed up with the money that has just dripped away, just like others. Trouble is since the advent of easy trading on the internet, more and more people have started this game. I remember my Dad checking Teletxt/Ceefax, for share prices, to sell you would have to call your broker and hope he pulled his finger out. Now you can buy and sell in seconds as many times as you like, thats what causes these fast moving highs and lows. A lot are traders, not investors, mostly with the attitude if it drops it XXXX, well it can be as there are a few companies i am still at loss why people are investing in them as from there accounts all they do is spend money and one that has earned nothing for 5 years. This is exploring, we Pay our money and takes our chance. Im holding, only time will tell on this one. on the other hand a lot of drops are caused by the profit takers who you cannot be annoyed with as that is what we are all here for. Anyway i'v had my rant , talked a load of bbxcghx but feel better and its stopped me from thinking about selling. So GLA hope you all have a good run on here in the future. Keep well and keep safe. Apologies for spellings and dribble
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