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3 hours ago, Borci88 said:

Why the f**k did you gamble so much on a stock you didn't know much about...

In his defence, that shit can happen to any investor on a bad day with decent capital, knowledge or not

It's only the inverse of success stories. The alternative outcome would have him asking himself why he didn't put more into it!

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talking to someone last night and they mentioned that some companies pay people on Hot Copper to talk it up. and other inside trading shenanigans. and the annual report says the MD has 67mil shares given to him as options. the other directors are on decent money, but mostly made of options, so if price doubles (eg, 2c to 4c) their wage essentially doubles.

 

Also, saw a ford XRT ute 4WD drive thing on the monash yesterday. bullbar, muddflaps, 20' antennas, numberplate: IWNTVB

straya

12 hours ago, Borci88 said:

Why the f**k did you gamble so much on a stock you didn't know much about...

 

Decided to hold a day trade over night then was stuck on a plane next morning. 

I do more short-medium term investing these days haha

And yes didn't put a stop loss on it :(

Edited by Daz
so if price doubles (eg, 2c to 4c) their wage essentially doubles.



Sigh. We have been through this. That means you only get 2c

It's penny stocks m12

talking to someone last night and they mentioned that some companies pay people on Hot Copper to talk it up.



This seemed quite obvious I would have thought
43 minutes ago, Leroy Peterson said:

talking to someone last night and they mentioned that some companies pay people on Hot Copper to talk it up. and other inside trading shenanigans. and the annual report says the MD has 67mil shares given to him as options. the other directors are on decent money, but mostly made of options, so if price doubles (eg, 2c to 4c) their wage essentially doubles.

 

Also, saw a ford XRT ute 4WD drive thing on the monash yesterday. bullbar, muddflaps, 20' antennas, numberplate: IWNTVB

straya

Companies do all kinds of shit and get away with it. ASX is a toothless tiger. There are paid downrampers on hotcopper too. A couple of guys on the 88E forum who spend all day shitcanning the share but never invest in it and you have to wonder why they do that...either bored trolls or it's their job. Doesn't make that much difference though; the market makers have way more influence than HC will ever have on a share price. Evidence of this is a lot of the posts on HC are asking why this and that occurred, lamenting an unforeseen price drop etc. It's rarely introspective discussion of trading behaviour.

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10 minutes ago, joeyjoejoejuniorshabadoo said:

This seemed quite obvious I would have thought

 

in my head hot copper was like reddit for Financial Review subscribers. ...except no one makes money off reddit.

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