I don’t post much anymore on HC as I was loosing time and negatively was infiltrating my trading plan on stocks but I try to be honest when I do post
Everyones psychological risk profiles and money management are completely different which is why stocks fluctuate in price ...what someone thinks is overvalued ..someone else thinks is undervalued and both can be taken advantage of at times
I’m not happy with management not taking a pay cut throughout this year without securing final finance or the dilution from the low share register when I originally bought or with Mac bank who hasn’t helped dangling it’s moving goal posts of finance on a costed project
For me to return the original risk/reward profile I originally invested in I have to top up or accept a lower reward for the risk ..given the opportunity I bought more for my long term account at .041 as it hit a technical I was waiting on and held .037 nicely after pressuring the last of weaker hands at that level
There will probably be more CRs done before final financing arrives but ive accepted those risks in my profile of holding this stock because I do believe in the project overall and think this project will eventually get off the ground ...i personally think the strategic placement for a 2nd plant in Germany will be key which will line up with an auto/battery maker and German/Euro stimulus measures
GLAH new and old
Diesel...
ATC Price at posting:
5.5¢ Sentiment: None Disclosure: Held
(20min delay)