Greater Fool Trading
In recent days, there have been ramping up of seemingly unsound stocks right from the open.... eg takaso, ho hup, stemlfe, petra.(see charts) If you trade these jumping in at whatever price, bear in mind that you might become a fool, just buying and jumping after every crap stocks that shoots up, hoping for a greater fool to come along to take the trade off you... In the end you are just enriching the syndicates, but at least you get some excitement.
Labels: stocks
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