Developing phosphate interests in the Georgina Basin, Queensland, Australia

Free
Message: Re: Today will be the test
3
Jul 24, 2008 05:17AM
1
Jul 24, 2008 05:58AM

Jul 24, 2008 07:18AM

Looks like we are failing this test miserably!!!!

Someone is puking out a ton of stock. Down 15% in 4 hours of trading and going down further as I type. Probably investors that bought in the 4-5 dollar range getting fed up. Selling usually preciptates more selling.But the golden rule of trading is :when it gets so ugly and you can't take it anymore and you want to sell every share you own, it is usually the bottom and you should be BUYING,not selling. That means the bottom should be near!!(I hope!)

Share
New Message
Please login to post a reply