OAK 0.00% 6.5¢ oakridge international limited

Ann: Xped and Telink Commence Development of IOT ADRC Chip-XPE.AX, page-67

  1. 4,708 Posts.
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    not sure if you were being sarcastic, but if not then thanks haha.
    In terms of logic, sometimes technical analysis and momentum defies all crazy logic, even fundamental masters such as Peter Lynch agree that stocks can, and do do the complete opposite of completely logical/justifiable explanations.

    My gauge is that the majority of the herd are typically wrong and last out the door, or at least in the majority of stocks pumped and dumped, and therefore I keep a keen eye on just how euphoric the crowd is. I could probably be retired by now before my 30's if I had a dollar for every stock call made where people had share price multiples way in excess of the current price due to the 'once in a lifetime' value opportunity on present.

    9/10 don't make it, but if this is the 1/10 then i'll be glad im finally onto a winner. But it's just good to keep a level head anyhow, as the majority of money losing investment decisions are when the crowd and space is super hot - at least that's my opinion.

    AT the end of the day I hope the company has a slow, but progressively higher chart upwards and really does strike it gold - after all it's essentially a wealth transfer from overseas consumers to australians (investors) - and i'm on team australia
 
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