Tuesday, August 6, 2013

Soilbuild Construction - The Stampede Exit




What a close shave from the Soilbuild Const BBs!! June 12th when I made a long on this counter at 0.32, I was confident that I was going to make $. Then on June 14th, the opportunity came, however I did not book profit at 0.33 because of greed and finally, the stock turned weak on June 20th where I cut loss at 0.315.

Today Soilbuild collapsed heavily where the BBs were unloading big time. Was it a close shave? It definitely was! Well, just imagine I got more emotion, the fear, greed and hope, my losses would have snow mounted. Luckily for me, I don't have inferior emotion.

Ronald K - Market Psychologist - The Big Speculator