ADN 13.3% 1.7¢ andromeda metals limited

General comments/chat, page-8917

  1. 1,721 Posts.
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    Hindsight is a bugger in this game, and there have been multiple opportunities to sell an re-buy at a lower price and increased number of shares held, but you can also get burned playing that game.

    While we probably all knew there would be some sell the news, and I have calculated how many "free shares" I could have obtained if i sold Monday morning and re-bought, that's a game you can lose.

    This give's many a chance to average down, and other a chance to average up, and there have been some pretty tidy discrepancies between the oppies and heads.

    Everyone's strategy is different, I've been adding oppies for months, and averaging up on them, plus a averaging up a little bit on the heads.

    The tiny capex, massive IRR and apparent monopoly on a high demand 'unsexy" commodity is all I need to keep accumulating on the dips, even if averaging up.

    None of his will matter when the shovel hits the ground.

    This sucks for traders right now, but for those long and seeking to accumulate, it's great!
 
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