crashing in london trading, page-9

HC of late, on some threads, has been infected with a virus-the virus of meanspirits-.those of you who follow NKP will have seen it in spades. LRL has been free of it ,poss as it has only been a few diehards who were in the stock awaiting the cash to be spent on a new project.

However I see the NKP trend now developing here.When you have been around the markets a long time, you see that it has a proper rhythm. Stocks go up and go down on rumour,on fact,on technicals and lately on the macro. They are all on an elastic band.In Lrls case a largely unsophisticated UK market bid it up on the basis of potential and a sudden discovery by a few tip sheets and a misplaced throwaway line by Paul Atherley about potential value. In Aust,poss because we have seen a squillion Lrls,there was far less exuberance.

Lrl is a normal stock again.We will await further results and it will rise or fall on the basis of that. Therefore there is nothing intelligent ,wise and certainly not informed on predicting crashes in this stock and it is mean spirited if it does fall to gloat, as someone has bought it at a higher level and is losing money they have worked hard to accumulate.The market is at work.

So can we please stop this crap of gloating if it goes down. Every day stocks go up and down. there is nothing intelligent about predicting it.Youll be correct 50% of the time.

Instead if you want some cred detail the issues with the initial drill results, what is required to be shown with the flow rates and start to put a comparative test using peer like stocks such as Seh and some of the listed Chinese cos on the HK exchange. Now that would be value adding-but requires a little thinking and some work.