Some months ago, I posted about the sudden and dramatic fall of the Argentinian stock market, including one of its largest banks (BMA). Today we look at a stock from the Hong Kong exchange. Artgo is no BMA, but neither was it a speculative IPO. The important thing I am trying to show here is now we are outside of the singular market of Argentina and a stock has...
This is a rare and exciting example of a bubble that popped.
Testing the theory that the best time to buy is when there's blood in the streets, would anybody buy this stock now?
Well I don't imagine many people would buy now. I'm not tellin' what I'm doing!
This is not a recommendation to trade securities. If you take a position and lose your money, kindly...
Anything can happen :)
Usually ponzi schemes (this is how I call hype greater fool bubbles) fall in 2 way:
1- Go up slowly fall fast (Enron I guess)
===> Retail and bad funds either want to secure the gains they waited so long for, or the weak uptrend got them in partial disbelief so they believe it can go very low and want to get out asap. They often get...
