MaichBlack wrote:streetwise wrote:Those who bought at 1.35 need to sell this is a great gain.
Relax. Not yet...
Those who would have sold on Monday as you had suggested, would have missed an extra 17% by today because we are at 2.75/=, and get this, NO SUPPLY!!!
You should not sell when demand far outstrips supply. It would be extremely stupid to sell when there is high demand and ZERO supply.
Simple primary school Business Education (or Studies as their call it nowadays). The law of demand and supply.
If you want to cash in, watch the demand and supply volumes. When supply starts checking in, almost balancing off with demand, if you are a short termer/speculator, you can cash in then!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.