ARH 0.00% 0.5¢ australasian resources limited

credibility, page-36

  1. 229 Posts.
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    re: heavy selling Absolutely, you are spot on. I bought with the intention of holding this stock long term...this price reduction is an inconvieniance..but ultimately it was always going to be a long termer. You would be kidding yourself if you believed that it would sky rocket post ann. Perhaps...just perhaps, you'll see a price rise post "signed and sealed completion", at least a month or so away, till then expect a drop to continue.

    The reality is holders sentiment is carried through by perceptions. You will always find rampers out to promote their own ego, and little else...if it did skyrocket, I'm sure they would all be posting en masse about how right they were. They have been humbled by their dubious and unfounded opinions.

    As many have posted previously, this is/and was always going to be a long termer. Palmers share allocation post signing will hurt, but given the size of the deal, and nature of potential, and backers....patience will be rewarded. This is not ramping, its looking at what "facts" have been presented, working on them, and making your own assessment. Ignore the others, think for yourself.

    Don't assume that individuals posting on a "free" forum are going to be stockmarket genius's. If they were very few would be giving their knowledge away for free!
 
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