AUL 0.00% 28.5¢ austar gold limited

what is in storeee for mnm this coming week, page-31

  1. 241 Posts.
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    Everybody is entitled to their say, that is the purpose of a forum.

    For those like myself who averaged "up" on the news of an established joint venture with Exergen (arguably the most important positive news to be announced by MNM so far according to many on this forum)the current share price is hurting. Within minutes of purchasing my shares the morning of the Exergen announcement, a sell down commenced and has continued to this day. I must admit to feeling a little foolish, because I honestly do believe I have been played. There are too many coincidences related to this companies share price, and although we can speculate on all sorts of conspiracy theories only a few in the know really have the full story.

    Averaging down if it is your thing is fine, commitment escalation on the other hand can be dangerous.

    Venting ones frustration is also healthy, displacing responsibility for ones trading strategies is not.

    Confirmation bias is a strategy that we all call on when we try to justify our actions, ramping a stock for ones own end on the other hand is supposedly illegal.

    Some research provided on this forum continues to buoy my opinion long term of this stock. For the most part it is not only informative but easily accessed if you wish verification.

    What is happening with the share price has not and like many others I would like to hear some feedback from management on this issue. I remember reading one day that the companies share price is not a concern of the management, perhaps that type of philosophy would be better suited to a private enterprise than one floated on the share market.

    I have put my hard earnt where my mouth is, in respect to this company, and I am still reasonably respectful of managements ability. All I am asking for is their perspective on the current situation.
 
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