CAP 6.00% 9.4¢ carpentaria resources ltd

WORLD'S BEST UNDEVELOPED IO PROJECT, page-413

  1. 1,449 Posts.
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    Sad to see stocks get caught up in the shorting game. What investors have to realize is that these games do go on. If you can rockme, could you post the shorting chart for CAP?

    For those who don't know, shorters make a fortune by surpressing the price and then they double that fortune by selling all their cheep shares when they let the price go up again. It goes on with a lot of stocks.

    The fundamentals have not changed at all for CAP. In fact, they've just got a whole lot better now that they've got a heap of cash in the bank. If investors hold a longer term view, just stay focussed on the company's achievements and don't get caught up in the day to day SP. The real money is not going to be earned with CAP until they get a whole lot closer to earning revenue anyway. Anyone who sells out now will only be donating money to people who want to rip you off. If the fundamentals change, such as company milestones not being met, then start worrying about the SP. In the mean time I suggest all serious investors here to just chill and look forward to the announcements that will flow re updates to the BFS.

    The tide will turn and hopefully any shorters here will get caught out big time if CAP put out an unexpected announcement re offtake agreements or something. Personally I pick a stock that I can invest in for more than 12 months - I like to to avoid CGT. Therefore, unless I see something that really troubles me about a stock, I try not to worry about the day to day SP. I'm sure that in 12 months time, should CAP management handle this well - I've been impressed with current management thus far - then the SP will be multiples above where it is now.
 
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Currently unlisted public company.

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