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$SKS Technologies Group Ltd (SKS.AU)$ I bought on open at 1....
$SKS Technologies Group Ltd (SKS.AU)$ I bought on open at 1.96 and have bought the very top and as with all my buys they have fallen by 30 percent within 2 weeks and 50 percent in 2 months and many have delisted within a year. But within 1 to 3 days after I sell the stock shoots up 30 percent to 1000 times within a 2 month period. So this stock will be 5c in month as long as I hold, but when I sell, it could go to 50 dollars in a few weeks.
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Pablovski : Hold this for 6mths, but follow the announcements carefully for and trading updates or profit downgrades. This is a decent growth company
RedHammer OP : it's like the stock is now set to crash as soon as my long was done. The price is falling 3 percent per day and on track to gap down to 5c in a few days. I didn't sell at 1.99 yesterday and less than 24 hours later the price has tanked to 1.815. Maybe I should have went all in for a short instead of long.
Pablovski : You just need to work on your entry timing, this company has strong fundamentals and i would expect a bounce somewhere around $1.6 maybe higher.
I bought in at 1.2 and sold at 1.4 because i got bored as the price was being capped with large sell orders sitting at 1.5.... should have held 3 weeks longer
Remove your emotions from trading and don't expect the price to rise as soon as you buy.