APG 0.00% 0.2¢ austpac resources nl

the herd mentality

  1. 1,497 Posts.
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    Having purchased APG in mid october at 5.4 cents it's been interesting to watch the SP and related posts over the last few weeks.Unfortunately the price at the moment is completely dependent on everyone's fear and greed, i'm sure all the big share holders on this site are locking in some profits at higher prices ( as they have already made a packet ) then wonder why there are so many sellers or why the price is going down. I've agreed with a lot of the posts, and some have been very well written however i also agree with some of Tudors comments, he/she likes to play devils advocate but at the same time is a realist, as i am. I think we all believe that APG have developed great technology and therefore that's why we are still holding, we see the potential and what it can do for the SP. You are either an investor or a trader, the traders are out of the stock at the moment but for me the reasons why i bought are still intact - Good news from China and progressing well with BHP. You don't make your money when you buy, you make it when you sell.

    D
 
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