Loading ...It isn’t doing what it was meant to do. We hear a hedge against inflation on the currency, nope not in industrial states. We hear loss of confidence in the government, nope not in industrial states. We hear war , we’re constantly dragged in other people wars, nope.
It’s a pump and dump scheme. Oh lets look forward next bottom and make sure you get out before they dump it again.
As long as it’s not in the mainstream ie a basked of retirement funds or 401K it gets no attention including insider trading other than manipulation but it’s not reliable in paper shares. You have to watch the charts and put in your stops or you’ll be the next sucker getting ripped.
Remember 08 and when you said they’re selling small lots if your shares at a time “ I’m guessing you were getting a few that cost more than the transaction”. and you said Who buys 10 shares!!’ Of some below a dollar stock lol
People don’t say oh here’s my money do what you want with it, they will. Same as oh don’t sell it’s going to the moon. Then it turns into oh I think this is the bottom, lol Which is it? Bottom of the moon. You never hear that in any other sector that I know of.
No doubt after time when they get new suckers in it will have its ups again until they pull the rug but totally irresponsible for anyone to stay leave it there and forgetaboutit, or any stock for that matter, you have to watch it and get little input on how their going to make you money like other stocks. Kinda reminds me of the story of the carrot on the stick.