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How is it all related ... the smart money doesn't want this stock to rise??
Trying to understand market logic - why would this stock fall (GRY)?
- Thread starter Steve C
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How is it all related ... the smart money doesn't want this stock to rise??
tech/a
No Ordinary Duck
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If the smart money wants it rise, guess what.
It rises.
Only in this case someone forgot the baking powder.
.
tech/a
No Ordinary Duck
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And today we see exactly that!
So why is it up 7.5%?
Could it just be that Gold was well up??
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When I first began, I had the notion that announcements were key!
I thought to watch the share price action as a result of announcements.
To my surprise, the share price action was often different to what I expected.
What I have concluded is that the announcement is not key afterall.
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In your experience, what is key?
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Have you yet decided if you want to be an investor or a trader?
Big difference ...
As an investor you buy on the value/growth of a company.
An announcement should be a catalyst or trigger.
As a trader you buy on a pattern (human behaviour) in Share Price Action.
No announcement required!
Hence the surprise!!
So in answer to your question:
Investors should find out about traders and how much influence they have!
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Thanks for the above, puts things into perspective. My goal is to be a trader - and although I have spent the last couple of months reading heaps of books and online resources I still don't feel even remotely confident about jumping in just yet to try it in real life - the markets just seem way to bearish and volatile at the moment.
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Trouble with forums. I was still in yesterday, whilst you are abreast of today's action.
Now up with GRY but I still have to research price of gold.
How do you find the time?
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So_Cynical
The Contrarian Averager
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burglar seriously.
The Price of the underlying is all important and yet somewhat irrelevant.
as are most announcements when taken as singularity's...announcements should be looked at as pages of a book, telling the story of XYZ...and then there's the bigger narrative of sentiment.GRY is an empty book, no content just a nice back cover write up that shows some potential...and when you look inside you see that there's nothing there, its a work in progress.
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burglar seriously.
The Price of the underlying is all important and yet somewhat irrelevant.
GRY is an empty book, no content just a nice back cover write up that shows some potential...and when you look inside you see that there's nothing there, its a work in progress.
I write in differing moods, at differing times. (excuse)
WHICH BIT DID I GET SERIOUSLY WRONG??
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You got that right.
I used to recommend newbies to dip a toe and to educate themselves simultaneously.
But in this market I would strongly suggest that dipping the toe can wait.