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Message: Re: Wow - Stink bids don't help the SP to recover
Wow
3
Apr 15, 2014 10:27AM
2
Apr 15, 2014 11:01AM

Catso,

Your rephrase of "stink bid" to "opportunity bid" is fine and consistent with my latest post on the topic. Stink bidding is done for the sole purpose of having an opportunity to obtain cheap shares (could be at the expense of of the value of your total holdings). It's not a gesture to provide a support level for the SP.

If this is your first buy in then it would provide an opportunity to buy low and sell high, presumably.

goldhunter

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