AKK 0.00% 0.3¢ austin exploration limited

finally buyers got impatient, page-46

  1. 35,472 Posts.
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    "TA logic eliminates any "unknown" element out of the equation."

    eliminates the unknown, that's a huge claim - what in hindsight? TA cannot eliminate anything except for the probabilities of a future action based on past actions and % probabilities.

    I am totaly calm in the knowledge I am already in and now just sitting back and watching it all unfold.

    You also need to read other posts where I do take TA into consideration for entries (DTE, AKK). My comments come from a long personal experience of being able to get in at low points of stocks, but selling too early.

    I have changed my ways over time since around 2003 when I bought 100k Oxiana at 35c, and thinking I was doing great selling at 50c a few months later, only to watch it go to $3.50+ and 10 bag in 2 years.

    The hardest thing in my opinion is always the exit, and I have learnt over last ten years since the OX to let things run a bit better. SSN, great entry, but still left a bit on table selling at 15.5c.

    I see AKK shaping up as other 10 bag over next 2 years, and my posotion, now I have one, is just ride it all the way until some fundamental shift for the company changes, if none, hold until some fundamental overvaluation.

    One thing I see as a great benefit, is that with minerals/ commodities coming off, we may have seen the top of OZ/US dollar cycle, and hence AUD earnings I see as a macro trend going forward enhancing our earnings and hence valuation.

    So far, you seem to be the guy just hoping 2c is filled again. Is that TA? or just a hope?
    Based on current action V2, are you still happy to wait at 2c? or do you have another point at which you might eventually buy?

    You sound like you really want in, going by amount of posts on non held stock,

    good luck with your strategy.
 
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