ADN 0.00% 0.8¢ andromeda metals limited

ADN CHART, page-3462

  1. 2,519 Posts.
    lightbulb Created with Sketch. 2059
    @cuppa I don't think your harsh criticism is justified. I hate continual downrampers as much as every other genuine holder. However, I have learnt to not ignore at my own peril adversarial TA. Learnt a fair bit from @h00ts analysis too and esp. how often gaps close.

    What good is that for me? Two things:
    1. Because, IMO, I know how good the FA of ADN is, it will not worry me one bit if SP was to retrace to the 12.5 gap - because I have a reasonable explanation for it.
    2. If it gets there, I'll put another buy order in and get even more ADNs because of 1.

    Will I hope it gets there? Hell no! Will I sell a "trading parcel" now? No - see my other post. Why not? Because the ADN story, IMO, is just so good and there is absolutely no guarantee the SP will drop as far back as 12.5.

    I have also learnt that a bit of trading is nice for kicks, if you want to reward yourself with some immediate spending "sugar" money, but as other far wiser people before me have stated, real money is made from long term holding.

    I am determined to make real money with ADN. So even if we were to see a ST dip, as per the above, I'll win in either scenario.
 
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