Short Term Trading Week Starting: 26th Feb, page-169

I don't know about this "hype" you speak of because I haven't read the AVZ threads for a long time.....until a couple days ago. I pretty much stopped reading after the first drills reported 200m+. And I think it's best not to read threads when the hype machine is running hot (an important note to new traders). I look at threads of shells on HC and keep a close eye on number of views but I only look at charts and anns for stocks like AVZ. It helps to block out all the unnecessary noise.

Anyways, I'm underwater from my buys yesterday and Monday in AVZ and not phased one iota. I still don't know whether I'll have egg on my face or not but buying pretty close to what a $15m strategic investor paid seems logical to me. I've been waiting for a while to get back in and besides AVZ and NZC, I lack conviction in all other stocks right now. I missed the slide down to 20c in AVZ by a pip so a buy around 25c seems ok to me and fits my risk at this stage.

I could have easily bought at 30c after the world record intersection....remember that....it was only a week ago. I think too many lose focus on the big picture. It reminds me of when I raced karts. Too many racers would look at the racing line at the apex rather than focusing on where you would want to end up at the end of the turn. It's kind of the same. I'm trying to look at where I will end up in a few weeks or months rather than focusing on what's going to happen this week. I'm not trying to preach to anyone and everyone should have their own plan and assess their own risks.