Banter and General Comments, page-7255

We all know the mining sector is one big cycle, yet we still (not me) do the below and trade as per below.

Dont buy FMG at $1.80 - $2.50 because they would be considered "high risk" and "crazy" and "they have debt"

However buying FMG at $5 - $10 is a fantastic idea. Its really safe and you are not crazy at all AND there is no risk. Its a great investment.
Me thinks you are crazy to buy FMG today, Crazy to buy BHP today. but when these stocks are on there knees?? no, no dont buy them. Dont pay $2 better to pay $8 and watch the next cycle get smashed down in that sector. great idea.

So dont buy GXY now? you are crazy. Better to pay $3 & $4 thats not brave..........when YOU ARE fully aware that the cylce is always a cycle and the tide will turn for the worst just like it turns for the good AND no article you read will ever prepare you for the down turn or uplift, it just happens BANG.

If blue chips stocks (most of them) cannot return you growth (long term growth) without massive pull backs AKA BHP RIO, then what chance do mid caps have? BUY the cycle, buy the downtrend. Catching the falling knife is the only way. Cheap enough is good enough.

When mineral prices are soaring we love managment, when the cycle is down we blame them too. I have to laugh at all the posts on here.

I thank you shorters, and i thank the down turn in the sector, just like all other sectors, when they have there down periods, because you have provided me with another amazing opportunity. Just look at the charts on all these miners.....they ALL go down in share price dont they? over a 10 year period....how many times in that period? But guess what, they all V shape back up dont they?

Dont buy FMG now and then complain when they are $3 and blame managment. Its all a cycle.Good luck all. Just when you think iron ore is the best thing since slice bread.......bang.

Buying smashd up shares is LOW risk. Buy them when nobody wants them. Play the game.....only the strong minded who can stomach the game will survive. Keep up the good work GXY.

imo dyor