MOX 0.00% 0.2¢ monax mining limited

pump n dump! but graphite will rule, page-4

  1. 171 Posts.
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    Hi Forro,

    I think if you look back through your posts I bought recently as well around 7.6.

    All my opinion but these graphite stocks (all of them) were going banannas, crazy, nuts, almonds when the market was rising.

    This is a highly speculative sector at the moment. Risk is being sold off and a move to defensive with recent concerns in europe.

    I would hazard a bet the minute we have a 1% plus day we'll see all these graphite stocks come back into favour.

    I trade in Canada on gaphite as well from my mom- as I am a Canadian living in Australia. Those stocks as well have come off recently.

    I wouldn't get concerned, I am still of the view that this is consolidation at higher prices.

    I would start to get concern the moment you start seeing two 1% days on the ASX and these stocks are moving. That means that speculation has moved.

    Again all based on my opinion. I am switching my sentiment to LT buy, as short term still on consolidation.
 
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