KAL 3.57% 2.7¢ kalgoorlie gold mining limited

im out, page-33

  1. 706 Posts.
    Well, the way I see it, I can't pass judgement on Martis or Sido for that matter. We're all in this together and we all have our own agenda. I held KAL and sold out of them and waiting on a good opportunity to buy again. However, I will say this - Charts are a whole lot of SHYYTE as proven here and in other stocks where people post messages about charts and taken as gospel. I can't remember warren buffet saying anything about charts and how much faith he has in them. If you believe in charts to predict the future, you might as well go to the local crystal ball shop and buy one and glare into it - it will tell you nothing. It's all about hype, sentiment, hope and human inadeqaucies. It's about having guts and gambling. The share market is nothing less than a gamble. Even the guys that bought RIO at $140 plus are scratching their heads now thinking - why did I buy a stock at 75% premium that only a few months ago was around $80. It's hype, gambling and human greed.

    Martis and sido and all those that prefess to know which way a particular price will go are, at best, guessing or ramping in the particular way they want the price to go.

    I take no pleasure in writing this post but I think someone needed to say it.

    If you play with real money in small cap expolerers such as KAL, expect to lose it. If you don't lose it, then lady luck is on your side and you have won. It's as simple as that. It's a gamble and this is why with every announcement, every one holds their breath waiting for good news.

    Hot Copper posts are not to be taken for granted. Never listen to the hype and ramping of those with an agenda. DO YOU OWN THING.
 
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