-
11-08-2020, 03:08 PM
#3801
Not a lot of volume today. But the depth strengthening up. So I don't think we will see much movement down unless some people really want out. If you didn't take your chance last week I'm afraid yourve missed out
-
11-08-2020, 03:28 PM
#3802
Originally Posted by Dlownz
If you didn't take your chance last week I'm afraid yourve missed out
The price has fallen from $6 to 12c and we've missed out now its at 13c. Riiiiiiiiiiiiiiiiiiiiight
-
11-08-2020, 03:59 PM
#3803
Member
Originally Posted by Entrep
Good lesson for novice traders on why one should wait for MAs to be reclaimed before trying to knife catch
Or you could be early. Which is a lot better than being late.
-
11-08-2020, 04:22 PM
#3804
Originally Posted by Entrep
The price has fallen from $6 to 12c and we've missed out now its at 13c. Riiiiiiiiiiiiiiiiiiiiight
Yes that's right.
There's only one direction now and once the result out its going to keep climbing.
Yesterday I think everyone was hoping they were going to get another go at the lows and now they've realised it's as cheap as it's going to get. I'm just wondering if the negative Nancy's on here and sharesies are just the one that have been stung to hard and don't want to see it succeed after they bailed. Right or Wrong.
Disclaimer. Holder
-
11-08-2020, 04:26 PM
#3805
so the big question will be will the instos start selling if it gets to 15c.There's only a couple of mil shares between 14 and 15c.
-
11-08-2020, 04:36 PM
#3806
Originally Posted by tqtq
Or you could be early. Which is a lot better than being late.
Tell that to the person that bought at $1 thinking they were getting a steal from $6, they had 85% of their capital wiped out
-
11-08-2020, 04:45 PM
#3807
Junior Member
Could someone tell me the date of the 2020 annual results / webcast? Thanks
-
11-08-2020, 06:43 PM
#3808
Member
Originally Posted by Entrep
Tell that to the person that bought at $1 thinking they were getting a steal from $6, they had 85% of their capital wiped out
Investing is speculative and there's no guarantee that prices will always go up. So if you own shares, you should really take an interest in the share price, and try and get an understanding of what's driving the movement up or down. In the case of SKT, it's largely Covid + the CR, in my opinion, that's knocked down the share price from $1 to 13c. The tone of your reply makes it sounds like this is personal for you. Is that the case? I'm sorry if it is. If it's of any comfort, I do believe there's a possibility for the share price to go back up, it may even get close to $1. So keep holding mate.
-
11-08-2020, 06:52 PM
#3809
Originally Posted by tqtq
Investing is speculative and there's no guarantee that prices will always go up. So if you own shares, you should really take an interest in the share price, and try and get an understanding of what's driving the movement up or down. In the case of SKT, it's largely Covid + the CR, in my opinion, that's knocked down the share price from $1 to 13c. The tone of your reply makes it sounds like this is personal for you. Is that the case? I'm sorry if it is. If it's of any comfort, I do believe there's a possibility for the share price to go back up, it may even get close to $1. So keep holding mate.
I don’t have any interest and have never held sky just trying to understand how being early is better than being late when you can try and catch a falling knife and get badly burned - say 22c down to 13c all of which happened post Covid and lost people 50% of their capital, or you can wait for some sort of bullish action and greatly reduce your chances of a successful investment
-
11-08-2020, 06:55 PM
#3810
Originally Posted by tqtq
Investing is speculative and there's no guarantee that prices will always go up. So if you own shares, you should really take an interest in the share price, and try and get an understanding of what's driving the movement up or down. In the case of SKT, it's largely Covid + the CR, in my opinion, that's knocked down the share price from $1 to 13c. The tone of your reply makes it sounds like this is personal for you. Is that the case? I'm sorry if it is. If it's of any comfort, I do believe there's a possibility for the share price to go back up, it may even get close to $1. So keep holding mate.
Then there are those who bought ATM at 10 cents - that’s what the sharemarket is about.
And if one goes back far enough, News Corp at A$2.00.
Last edited by Balance; 11-08-2020 at 07:03 PM.
Tags for this Thread
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules
|
|
Bookmarks