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Community


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Online Share Trading

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What is happening !!!!!

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GrantRB
Contributor
Does anyone know whats up with Metorex and Cape empowerment !!!! I have stocked up to the max with futures and i think im getting burnred , but im still holding on and hoping for the best :)
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12 REPLIES 12
john_1
Super Contributor
If you are feeling the heat, thats a fire under your seat.
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Not applicable
Thats what the captain of the Titanic also said. "I'm hoping for the best". Without an entry AND EXIT strategy you will burn.
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topgun
Super Contributor
do not panic prematurely - nothing has changed fundamentally - just some market noise. stick to your strategy.
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SimonPB
Valued Contributor
and the strategy HAS to include a downside exit point.
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Captain_Kidd
Contributor
The problem with CAE is massive volume offers to buy at way low prices and this drags the price down, look at the huge volume sitting at 249c. This share as well as some others (SIM,SAL,MRF,MTX) are all volume sensitive. Useless chatter about them and they tend to move, only problem is all the @ssholes that think they can make a quick buck, jump in at very low prices , with volume heavy offers, and the price crashes, Result NO one wins. The Answer is, on these kind of volume sensitive shares, just get in at market value and let the share run. Only my opinion though hope this helps
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Captain_Kidd
Contributor
See what I mean while I was writing last post the share has already gone back to 249c... Just another point the okes wanting to make a quick buck suddenly realize that they have made a mistake because the share is now moving the wrong way so they they try and hastily exit dumping those huge volumes back on the market at any price...
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Not applicable
As long as you can carry the cost of this strategy. Plan before you enter.
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GIBB
Occasional Contributor
Grant - Have you not learnt! Unless you are part of the chosen view, you will never get a straight answer from this forum!What you will get (most of the time) is the same old rehash of arrogant criptic c***p from silent "experts" This forum adds no value to the average investor seeking guidance or a confirmation of his thinking.It's a chat room for incredibly bored people. I suggest you treat it as such!
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barry_1
Super Contributor
go to share discussion and see what i said about MTX last night.
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Not applicable
So GIBB what are you doing here?
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GIBB
Occasional Contributor
Confirming my theory!!! Topgun - you are one of the few exceptions.
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dimitrius
Regular Contributor
I wouldn't panic about CAE, unless you're holding futures. Holding small cap futures is a bad mistake. Especially without a stop-loss. As topgun says, fundamentally it's still strong.
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