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mrmattyman

415 Posts.

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26/10/16

20:54

Post #: 20148677
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Originally posted by Contactor1234 ↑

If its one thing i have learned with in my ten year's of buying into penny stocks and taking big losses then making massive life changing profits is...

When you buy into a company based on facts and not hype.

When you buy into a company after finding it your self, not advice off a mate or stock broker.

When the fundamentals all make sense and you feel it in your chest.

When the potential to become a multi-billion dollar company is there and only requires are few stars to line up.

When the stock price goes down after good news and does some weird ass shxxxxt.

When the action is telling you to sell yet the stock is telling you to hold it dearly

That is when you HOLD your bloody shares. Hold them tightly and do not give in, because it is these types of stocks that rise 1000 to 5000%!!!!

Until something is proven other wise hold hold hold. Listen to all comments based on fear and dissapointment but do not act on them unless it is a real cause for concern. Not everyone is trying to get you to sell your shares. Most talk on hotcopper is actually based on real fear and reasons though they can drag you down and make you sell un intentionally.

The way i play it is i throw 30 grand which i can afford to lose and i hope for the best. I ignore all negativity unless its a real cause for concern example bankruptcy, fraud un realistic potential and i enjoy it all the way until all my boxes are ticked.

Money for drilling = i beleive we have enough to get some results from drilling.
High Potential location = proven location
Managment skills. = proven success in JV deals
Rising commodity = in demand.
Good drilling = hold and wait for JORC
Bad drilling results = sell take losses and move on.

Not everyone is alike...understandable but i thought ill throw my 2 cents in for those who care to listen.

GLTAH i beleive we are on a winner!

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LRS Price at posting: 1.3¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 20.5¢		Change -0.005(2.38%)		Mkt cap ! $574.2M

Open	High	Low	Value	Volume
20.0¢	21.3¢	20.0¢	$770.9K	3.709M

Buyers (Bids)

No.	Vol.	Price($)
16	1104512	20.5¢

Sellers (Offers)

Price($)	Vol.	No.
21.0¢	2312762	12

View Market Depth

No.	Vol.	Price($)
15	1106478	0.205
19	1923756	0.200
11	1486791	0.195
26	3311700	0.190
18	4304218	0.185

Price($)	Vol.	No.
0.210	2312762	12
0.215	3207441	28
0.220	2175671	36
0.225	2881286	17
0.230	3508825	26

Last trade - 13.37pm 18/11/2024 (20 minute delay)

LRS (ASX) Chart

Chart, page-83

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Chart, page-83

Top Stories

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