guys i am sorry but you r all a bunch of girls, page-25

"Charts and prices catch up to fundamentals not the other way around" Brrr wrong.

I will give you a real life example...10 or so years I was in my mid 20's and had saved and made 50k on the stockmarket.
I was a fundamnetalist..to me charts were gobbleygook...what can the past tell you etc etc.

Anyway I found a great co, or so I thought.

resolute gold, it had fallen from $7 to around $1.50 and was on a p/e of 3 and was forecasted to produce 300k ounces of gold making significant profits.
It has just developed and sold Bulong to preston resources when the annaconda boom was on for a few hundred million and was cashed up.
I read the annual reports and all the info i could find and had found a winner.
I bought 20k worth of stock.

It fell to $1 i bought another 10k worth of stock, it then fell to 50c so i took all the money I had left ie 20k and bought long date call options ie 12 months.

I knew they had prefernece shares ie death spirals but thought they could easily sought that by raising cash to buy them back or using their earnings.
Honestly i didnt think they were an issue because i thought the shares would go well above $2.

Anyway I went to the company agm and spoke with the ceo and directors ( i used to phone them quite often aswell).

i read all the broker reports and studied everything i could read about the co and industry.

Any bad post on hotcopper that were bearish i had an argument for.

One day gold soared around $80 over night, RSg didnt have much hedging and I thought overnight i was gonna be rich.
the share price bounced 20% in a day and everything was falling into place.
the next day the shares fell a little, and the next a little and so on and so.

They fell to maybe 20c and it was like death by a thousand cuts...my call options then ran out of time and expired and my 20k was gone.

My other 30k was worth around 5k now.

So i sold them...took a year off the markets and read everything i could about investing in the markets...i was looking for succesful people with strategies i could try and copy.

I spent some time thinking about and trying different things with my left over 5k and then found a strategy that consistently made money whilst minimising risk.

I beleived the story like you guys beleive the cnp story, i knew the market and co inside out...well thats what i thought.

Sorry i dont have more time to expand but if you are willing to listen rather than shoot down a differing opinion it may be worth a lot more to you than defending your losing positions.