sharetrader
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  1. #1
    Member
    Join Date
    Jun 2001
    Location
    auckland, , New Zealand.
    Posts
    432

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    Thanks Marine I’ve never seen sharies but that sounds logical, could be one of those penny dreadfuls which hit .10 for no logical reason

  2. #2
    Member
    Join Date
    Jun 2020
    Location
    Auckland
    Posts
    193

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    Interesting with apps like RobinHood etc in the USA (like Sharesies) there is research to show things like "coolness of the ticker name" and the order of offer are key selection criteria - amazing. Its the financial equivalent of selecting a batsman with an artificially high average but no other metrics like total aggregate runs etc. so when the first name on the list shows 1000% return a newbie is going to think thats a bargain and pile on
    Quote Originally Posted by etrader View Post
    Thanks Marine I’ve never seen sharies but that sounds logical, could be one of those penny dreadfuls which hit .10 for no logical reason

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