gotta love how the markets can just spit you out.....
this is one of the most interesting episodes (another one) in how a company can make fortunes, or conversely destroy some...avz will go down as one of those stocks that many made money on, and even more lost money on...im fortunate, made some from 28-32, then lost some from 18-15... could of been worse.
the misery index is now in full flight, as many here dont have the capacity to pull the trigger and be done with it... too painful to make the call. i read so much of those now that are resorting to unambiguous hope, for the fear of realising the losses and enduring the psychological trauma that this is and will continue to cause..
believer? yep, did that for a bit... read it all on twitter, all of these threads..so, what looked like stacking up, is looking like a rubble... that guy who lost his house deposit... got out at 18 or so... smart move. those still here? gee, gonna take something really special to resurrect this from here.
JORC? yep, will be massive... we ALL know that dont we? so, whats gonna fix it? TO? say 20-30 cents?
maybe. hope so. top 20 says all the gurus are still in... if youve been around market for a while, you know the listings arent that reliable..but, it gives one hope to see the twitter guys and others still in...maybe. i doubt it though..trusts, nominees...blah blah blah.... deception is rife, and the "average joe" is gonna stay till the end, and be one of those that end up on a current affair, blaming everyone else..just like big un and the others...
i am astonished at the really " smart" ones here though... can read the JORC's, can read an assay, understand the "mining"...can do the research, drill results, TA, FA..... on and on... but most cant pull the trigger when it needs to be done. psychologically flawed for market..shouldnt be in it.
at the end of the day, it might work out? not sure if theres a shortage of lithium? dont think so... DRC? pretty hard work, regardless of what anyone says...someone mentioned the other day that this "mine" will send the WA miners bust, or words similar...i like lithium, and like the story. with only marginal damage done to my capital, im going to a WA miner whereby i can recover and live to invest another day. hopefully others do the same if it's now at that point..youll feel better in a few days too..
this is now the forum you cant not read...it's compelling actually.it's the train wreck that you cant help but watch.. it gives you the reminder of not what to do, and if youre gonna stay in the market, well, what youve gotta do. because hope is not something you wanna be putting your money on..anymore.
if youre staying in, im jealous of your deeper pockets...good luck. and for those that go back to "safer" ways of making extra $.... good luck also.
im gonna stay watching, cause you can learn more here than any book on the market. life lessons these are. yep, right on these pages.
got that off my chest!
cheers and good luck
AVZ Price at posting:
11.5¢ Sentiment: Sell Disclosure: Not Held
