WMC (ASX) Ann: Quarterly Activities &amp; Cashflow Report Sep 2017

Originally posted by spartan300 ↑

There are absolutely no indicators whatsoever that LT it'll be ok...

Every indicator screams from the mountain tops that things will never be ok!

I am furious with myself for letting myself get duped like this, when not a single promise was kept and I ignored all of the alarm bells over and over, always in the quiet hope that LT it'll be ok.

I think it's human nature not to want to take a loss and at some point, no matter how well informed (more like disinformed in the case of BLK) or perceptive one is, wishful thinking sets in.

I watched my investment slide from the day I bought in, all the while listening to the wretched pesky downrampers rubbishing my stock.

Here I am trying to make a profit and these heathens dare to come on this forum and tell the world how wrong we were to invest in this company... Hell, if they keep it up some people might believe them, the share price will drop and I'll lose more money.

I've cursed them under my breath many times while quietly believing and hoping that things will be ok.

BUT, instead of heeding their warnings, I took solace in very senior members of this forum rushing to BLK's aid and confidently professing that everything would be just fine as soon as some unforeseen events were dealt with.

When faced with 'alternative facts' I suppose one tends to chose the facts which are most convenient...

Well look at how things are playing out now

Question: Is it still called downramping if every assertion turns out to be correct?

People who still think that BLK will be ok need to take a cold hard look at the facts.

Don't be fooled by the 'stalking horse' of the 6.5 Moz. It is just that.

All that's left to do for me is to sell out of this scam on Monday and realise a 75% loss.

It wasn't pocket change, and I am the world's biggest idiot for ignoring all the warning signs.

They can then carry on paying themselves 500k salaries with other idiots' money.

Well at least until the music stops...

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Post of the year spartan, if not of the decade!.

Sorry for your loss, I hope you get close to 16c as Monday will be horrible also (technicals looking like zero resistance and fundamentals - we've all read the fact they can not make a profit ).

Ive read some fascinating posts from Kalenn and Cheetah - these seems to me are blokes you can trust - as they disclose who they really are - unlike anonymous serial uprampers (they know who they are).

Good luck to you old son! Good luck. Next week won't be fun.