New Zealand Dollar falls across the board on weaker consumer confidence
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The New Zealand Dollar weakens in its most traded pairs after weak consumer
confidence data. The New Zealand economy suffers from the twin evils of
high i...
21 minutes ago
Hi Uncle CW
ReplyDeleteWhy doesnt this apply to liquid stocks as well?
Our retail level "Gu Shen" or "Guru" are not Mioney Managers, they can't possibly move the liquid stocks.
DeleteTell you a true story on Kingsmen.
One of our ex popular investment bloggers was the only one buyer in the market on that day with XX,XXX shares bought.
How do I know?
I traced back the Daily Buy & Sell transaction history for that week. :-)
The gushen in your post sounds like a pump and dump promoter.
Deleteit's more sophisticated nowadays, they sell it as case studies as part of a course.
earns both ways. Some even buy questionable companies as part of crowdsourcing.
For illiquid stocks, those late followers may be actually buying from the "Gurus" themselves who are quietly taking their profits.
ReplyDeleteTime to go to a quiet place to think about it.