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Ann: PAC Partners release a Research Report, page-40

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Rajenp5

2,387 Posts.

19

25/06/17

21:44

Post #: 25480365
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Originally posted by sharks37 ↑

Rajen I will quote an excerpt from a post about market makers that FullMoonFever posted to the STT thread this weekend:

"The savvy long-term investors never chase stocks up. For the most part that is momentum players and daytraders where most of it or what follows is dumb money. Instead the long-term investors use a couple of simple strategies in order to position themselves. One is to find a stock no one immediately sees has huge potential and accumulate. Long-term investors are not interested in trading against the public mind or the dumb money. That's where the majority of the money can be made but even more can be made if the base of a stock is held extremely strong by investors. However the second is not to doubt the research which is the underlying basis for going long and holding."

Now, only time will tell whether STL proves to be profitable for the "savvy" long term investors already on board, but one thing for sure is that patience will be required - yes it would have been nice to see the SP in the 4's by now but a lot of these small cap stocks end up taking longer than expected to materialise their potential returns (if they do). I don't think anything is gained by impatience here either patience is backed by confidence in your own research of decisiveness is required to acknowledge your thesis was wrong and it's time to cut and run. Only you can decide which way to go.

Cheers, Sharks

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If you read my last post you might get a sense that I have been grappling with more than just my losing investment in STL. Whatever gripes I might have had I have mostly put to bed thru my brief exchange with oxxa23. I am quite grateful that he has been considerate and empathic in engaging with me. His attitude impressed me enough to follow his example. I know he has much much more to lose than I have, even though my holding is nothing to be sneezed at. Cheers

STL Price at posting: 2.5¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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