SYA - Chart, page-2422

Anyway enough of that. I have no trouble with our SYA knights guy selling out. He admitted he is protecting his capital. No one can argue with that, buy, sell, hold who cares, just be honest and don’t be a dick.

Just as my heart rate didn’t increase a bit as I was getting 5 figure gains each day in January, it didn’t change a bit with six figure loses over the last couple of days. Sure I hate the manipulation but it works both ways. For the last couple of years SYA has sat around 2c when it was glarringly obvious that it had a lot more going for it. Then bang up from 1c to 12c in a few weeks. Of course Zenzen was right about it being due for a retrace but that doesn’t mean hit the sell button, Zenzen like me was happy to hold as retraces happen and are often healthy. Then we have the triple wammy with a over bought retrace, bullshit about a lithium oversupply and the global correction or what ever you want to call it. Was that cause for doom and gloom, well no, why?, SYA is still a great up and comer and the EV revolution is real and those that stick with it will do well. This stuff is just par for the course. We are microscopic nobodies along for the ride in the cesspool that is the market. The only way I see it is to find undervalued disruptive technology and the likes and stay long. Sure you could hypothetically do better trading it, but you can equally get burnt. Hindsight is a bitch and we can’t help but think if only, I sold here and bought there, but going long and having the patience to stick through thick and thin eleviates the bullshit. SYA was not worth 1 or 2c so that was an easy buy, but unfortunately it was not worth 12c at this time. Does that mean sell, not if you are sticking to the plan.

So this correction thing will do one thing the real deals will come out of this and find fair value and the hyped up ones may not recover. So where is fair value, from my point of view it is a little higher than here. But if this had gone at a steady pace from 1c a few months ago to 5.8c today I would be ecstatic. Those that bought above need to think, why did you buy? Is the reason for your optimisium (hopefully involving some research) still valid or was it based on hyped up crap. Anyway if things calm down a little I imagine that we will get back to talking about the SYA story and all of the great things that we have ahead of ourselves but this time it will be a little more realistic and based on fundamentals. We may take a while to recover but 12c will come and go again but at some stage it will be on the upside. Hang in there, be realistic and patient. When everything calms down I will commentate on the SYA fundamentals rather than the type of post above. I truly look forward to it and hope most here are still around for the ride.