RHK 0.63% 80.5¢ red hawk mining limited

down the pipe, page-8

  1. 1,281 Posts.
    Well, certainly an interesting journey this share trading game, and although it's dismissed by a few that HC could influence market reaction, I'm sure it contributes a little. I think it can be used as a tool by brokers etc. as a wind sock and could dictate pump and dumps, shorting etc. I am definately not naive to the possibility. Of course there are macro factors and media frenzies (employment data would suggest the all ords get beatin up on open), but it's all shits and giggles. All that said, I have now forged my position in my speccie companies of choice (with the odd brain fart) and am long for all based on fundamentals and societal trends. I think my averages are reasonable and realistic whether there is talk of, or fruition of cap raisings, consolidations and all the other fear mongering that goes on out there. At the end of the day, it is what it is. I do believe also that people lose money because they crystallise losses and want to get in at lower prices where their reduced capital buys more shares than previously. This has been workin for 6 months but I prefer to average down on the good stocks (in my eyes). All the best to longs (particularly the Frackinator) and I'm sure FMS will get it right. Time to let these babies simmer and take advantage of cheap housing and a lower interest rate (another cut coming). All IMO. Peace.
 
watchlist Created with Sketch. Add RHK (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.