So much speculation and posting on what could be. It is best to wait and see, and then comment on actualities.
"If you have missed the boat, you have missed the boat"
One must realise that the market is always there, and that missed opportunities are the minority. More oft than not, technically, the market quite often comes back to give an opportunity, called confirmation. The concept of missed opportunity, usually has people hanging in there through adversity, waiting on coy advices to materialise, but that is waiting for markets to conform to your own belief system for confirmation. This is a more dangerous proposition to follow. One, in my opinion is best to follow your plan, and if that does not work within your time frame, then exit until more reliable guidance actually occurs. In this situation, you find that you can quite often buy at better prices. How many projects have share prices at highs on hype alone, and further down the track with projects further developed, and closer to production, offer better entry prices. I could name countless shares that fit this criteria. KAB for example, is now lower than its last cap raisings, LYC is a well known stock at the moment with plant completion, and close to actual production, but price now at 29% of its high 15 months ago. I actually made a post as such on this share quite a while ago, and it is more the norm for coys going from explorer/cash burner, to actual manufacturer/income earner. The market is always there, and so is opportunities. One must divorce themselves from 'hanging in there' and plans not working out, if one is to free up their trading styles.
And no, this is not financial advice, just wise investing principles that come with trading experience, and understanding coy life cycles, and about taking profits when overvalued, and waiting for better entries much lower, and having free carried investments.
Good luck on Monday for holders, and decide if selling news and re entering later is a good policy or not. Each to there own.
KAB Price at posting:
1.6¢ Sentiment: Sell Disclosure: Not Held
