I'm very very naive in the share market area. So much so I extended myself a couple of years ago and bought Multiemedia shares at 94c. A disaster.
I have had a look at Borat's question and the answers, and I don't understand, my question is: In layman's terms how do you know what to buy and when to get out? For example I now have shares in Peppinini and it's gone as high as 1.37, but now 1.14. I have just over 8,000 shares ranging in price from 39c to $1.22. There's rumours it will go far higher.
Any suggestions would be appreciated.