Dr... This has been a disaster hold... We stupid enough to not take profits when we had the chance at many multiples of our purchase price are/were terribly stupid.. Not one of us can disagree.
There is a great saying long term hold is another term for a shorter term trading position gone wrong or something like that!!
We are t quite that bad as we keep getting better and bigger the longer we hold but our SP gets lower and lower... Counter intuitive to all normal thoughts and impossible to reconcile ?
I appreciate hoots posting - I asked someone for short position he obliged and appreciate that.. I also agree no one has an Fing clue what the real numbers are!!
I guess what I was looking for was more of a trend and like he says the trend is your friend... And I opined that no closing of perceived shorts( trend) confirms my thoughts that Grace has minimal bearing on their position ( shorters) - I may be wrong... If it comes in they may be caught but I give them more credit for maintaining this possy when they know any time over the next few trading days their could be a result ?
People like UBS experts don't like hole... Maybe their Geo is as confident of failure as KAR's guy is of success .. Who has the biggest swinging Willy game here ... A real 'punt' on result..
Most majors want KAR to get cracking in Brazil too.. But we explore O & G and the people we invested our cash with have made a decision.... I don't like it.. I could have sold but I live it as a 'whole' so I chose to suck it up... I vent cos I feel a touch better!!!
I look at loads of middle tier growth players some have mentioned and FMG ( now big one) told a similar tale..Brokers told him they'd lay on his rail road tracks so convinced they would never be there.. I see KAR right now a very similar tale.
Bob is no Twiggy but he may have the type of resource that sees KAR be considered in that pantheon... Just wished I could hang on to see it through!!
We are a toy... I wish we could fight fire with fire but we can't .. So an imminent JV ... A success in Grace or down we continue.. How good a kick we get depends on how good we go?
One thing is for sure... After one or two of these things ... There will be a lull again.. My money is on.. I know what that period of time will mean for SP... Question is will I still be stupid enough to hold again.
And again... If anyone thinks the good folk of KAR saw this SP in the immediate term ( and I don't give a shit about the cyclical theory) I will go he for tiggy!!
So come on TO and come on Grace..
Therapeutic post for Swan ..
Bye for now Dr... And as 'anchovie' sings.. Keep the Faith..
I thing after the KAR experience I will join Church Of Scientology .. Starting to get the. 'Cult' thing!
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Last
$1.81 |
Change
0.060(3.43%) |
Mkt cap ! $1.453B |
Open | High | Low | Value | Volume |
$1.78 | $1.81 | $1.76 | $8.120M | 4.523M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5782 | $1.80 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.81 | 204687 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5782 | 1.795 |
2 | 8782 | 1.790 |
1 | 5782 | 1.785 |
2 | 7282 | 1.780 |
1 | 5782 | 1.775 |
Price($) | Vol. | No. |
---|---|---|
1.810 | 33591 | 3 |
1.820 | 65000 | 2 |
1.825 | 37982 | 3 |
1.830 | 10182 | 2 |
1.835 | 5782 | 1 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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