RHK 2.56% 76.0¢ red hawk mining limited

was the announcment deserving of a 2 day tradi, page-36

  1. 2,084 Posts.
    Hehe thezman, it is your views and your expectation for a full stop but I have not got this conclusion.
    1. it is not the time for a full sop for FMS to be dollars.
    Why?
    1.1> The bloods have being shed from everyone even around FMS who has got what it promised in IO.
    1.2> Do you know what's the conceptual IO at the end of 2007?
    1.3> Is it good news? Definitely! But the news comes out at the wrong time or may be the best time for long-term holders.
    1.4> The smartest crowd in the market, the traders not dads and moms, could play the their imagination to the extreme to find the reasons why the day should be darker technically and fundamentally.
    1.5> All of the smart imagination are to support what they could see in last week or month or yea. What could they see from their rear view mirror? They would lose more and a lot of more.
    1.6> Based on the above, it should be a good time to buy not sell. However don't mistake me. We need more work to figure out if we could buy some stocks in better price. Before that you are not sure.
    2. Buy low when the bloods full of the market
    2.1> All of us know we need to buy low and sell high
    2.2> But how?
    2.3> Following Pelm and PeaceAKK to sell in the bloods before you check the situation and FMS IO good enough or based on your views from rear view mirror or some technical formula like CaFe?
    2.4> It sounds too simple but it is the practice to sell low and buy high.
    3. I do feel after two days of JORC announcement, we have more details to digest. I could not say and don't know enough to say it is best bet but it should be still a better bet than selling high.
    4. It is quite safe to hold FMS to do your R/D now. Why? It has got the IO and the market would assign a reasonable price for it.
    5. I will go deeper technically in the guide of the life logic. Tech is the tools to prove you could do something for your strategy based on the life logic.

    So don't be too hurry to declare the victory or failure of your war. You still need the insight, vision, quantitative analysis for performance/risk/price ratios. Don't forget you don't want to be a geologist in IO but a good bettor for your dollars.

    Do you know why do many smart traders who involved with FMG at very beginning failed to collect their dollars? If not, ponder again and again, if you could not give up, you would get the answers. In this forum no one is sucker but could do the job of the suckers.
 
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76.0¢
Change
-0.020(2.56%)
Mkt cap ! $151.8M
Open High Low Value Volume
78.0¢ 78.0¢ 76.0¢ $13.78K 18K

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No. Vol. Price($)
2 5844 76.0¢
 

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Price($) Vol. No.
79.0¢ 551 1
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