re: cheap on the chart./worth reading apk001, yes i am for real. but making money or not thats the question, i am sleep like a log with my holding in LHG. ( which i rather be in ) the stock market is like a war zone, kill or be killed. there is no safe stock which can deliver big gain, banks deliver devidends but share price fluctuates, can any one tell me one single stock that has 0% risk and offers high yield ???
analysts and fun managers can and often get it wrong. they are human like us. ( when ALL was under 1 dollar none of the fun manager sopport it and none of the analysts recommend a buy on it ). and its your money so would they feel the pains if you loose it ??? but its your money so you make the dicision yourself with or without any bias influenced.
abouty LHG, i think that they are doing all the right things, and i am in it for longer term. here's part of the reply..." ... Our next quarterly operations or production report will be released at the end
of July which will relate to the quarter we are in the midst of now. I can say
that production during the quarter to date has proceeded normally and in line
with forecasts we have already provided to shareholders and the market
...... The company has suffered from a number of production interruptions and issues
during the past year to 18 months and the market has reacted to that. The Board
and management are keenly aware of the need to rebuild the market's faith
through operational reliability and improvements, financial strength and
delivering against expectations. We believe that we must do that in a measured
and substantial way....". ( end of replied insert )
about gold, the world second currency ( US$) wants to take over the first world currency ( gold ) by trying to make it an irrelevant but its been around for 6000 years as the world's only trading money. EURO was about 80 cents US when it was first introduced ( from memory ) but slowly the US$ will keep deflatings for printing so much IOU and how long can the world keep buying them for ??? the Japanese and Chinese ( china, hk, taiwan ) are holding 1200000000000 USD, ( from memory ) and thats a hugh bubble my friends. in Asia most people keep gold, buy gold for most celebrating occations, the increased wealth could only leads to increased demand for gold. plus the rest of the world who prefered gold over anything else.
when i invest i favour at the fundementals rather then charts ( i used charts to look for a cheap entry ), sure i am about 5% down but i have never worry about it, the production is on going and proven to be over 550koz/pa, its not a promised and next year they are going for 700koz.
good lucks and happy tradings
( by the way sandy beachs, that are my thoughts and i am not ramping the stock, theres no way one can convinced thousand buyer or seller each day !!!)
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