How exciting, I will soon be able to afford to accumulate more.
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How exciting, I will soon be able to afford to accumulate more.
I'm a bit baffled by the lacklustre support for this stock above $4. Is everyone just hypnotised by PLX right now? The latest SKO financial update seems to have taken some wind out but im not sure why as the result was good, IMHO. Any suggestions?
A lot of tech stocks are momentum trading. The company has to constantly give out new announcements to keep up the momentum. In this case, SKO is currently losing momentum, and resulting the SP being pulled back.
It tends to drop on relatively light trading once the buyers stop driving it up. Only the traders and small holders selling out generally.
If I was to try and double down I would have to punch it right back to where it was unless more sellers come out of the woodwork.
Might have to cash up something else and buy a few more if sits below $4.
Techweek interview about Corporate Travel with Darren from Serko https://youtu.be/lsMQ3jhW0u4