IRN indophil resources nl

the church & the open pit ban, page-26

  1. 12,484 Posts.
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    LOL Apples. I reckon I'd have to be an order of magnitude happier than any holder of IRN who watches every sale on the exchange and reads every impasse in the media. Some of whom are even so kind to provide further entertainment and amusement on this forum.

    At least asf's humor shows he is being objective about the stock. I've held plenty of garbage stocks too that have cost me sizeable coin. But I don't wax lyrical about them based on some erroneous heart-felt delusion, whilst ignoring my dollars that are flowing down the drain. IMO, it's best to work out a strategy to minimise loss, and yes, that may sometimes mean holding if near term key price influencing factors are very likely to occur. Relying on HOPE alone is worse than useless. At least fear and greed along with predictive research make you do things to achieve an improved position.



    IMO, the auction buy this arvo is encouraging. I wonder if there's a chance to fill the gap, or whether it will just test the upper channel of the long term downtrend. I can't risk playing it though - you just never know if the Pinoys will do something really stupid - like test the open-cut ban in court.
 
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