I am not an expert I entered the market in 2009, was active in the 2010-12 period with a small portfolio, and left
again back to the market in 2020 June, i noticed an argument on this share in 02 Facebook groups
01. one suggested buying around .80 cents ( maybe based on market information and trading pattern)
02. other group quoted that condemned that ( based on technical analysis/fundamentals)
share price boosted to 1.30 may go even higher because of gambling/dumping
i think technical analysis/fundamentals are essential for a long stable run. but if we take a risk we may be benefited in short run trading too
each investment has a risk
difference between gambling and investment may be
Gambling - no foundation to forecast the output with patterns/information
investment - there is a foundation to forecast the output based on patterns/information
the forecast is for the future. so uncertain and risky data we use for our forecast may be unreliable/unethical but still, there is a pattern/logic for the forecast and so it is not gambling
each time we make a profit someone going to lose the same amount (maybe a monetary cost or an opportunity cost)
just my view ( not related to this thread, this forum, or anywhere
)
just ignore if you read