I'm going to differ with you there pal. And speaking only for myself of course , over the years of investing , I've consistently picked ' Winners ' time over time again. In fact I get them right even when I don't . And what I mean by that is I get them right even when I jump off early for whatever reason because the stocks I pick go up as predicted anyway.
So I am not a ' Mushroom ' and have been in total control of my Investment in Sayona from the Day Dot.
And WHY is this the case ? Because I do extensive research into ALL my plays and investments while at the same time backing myself in significantly with my understanding of both stocks and markets , the way they behave as well as how they relate and fit in with my understanding of the world together with my life experiences.
However to sum up all these specific qualities into just one sentence , it would have to be that : - ' Time ' is the ' Great Equalizer ' when it comes to investing.
And to extend further on that sentence is the notion that at least HALF of your successes in Investing are a direct result of what you do with your own research and understandings with the OTHER HALF being directly associated with getting the timing right.
And of course , I've shown you all examples of this before with obvious being represented by those who may have jumped off Sayona AFTER the 5..5 - 5.6 cent highs back on the 18th & 19th of January this year. So there may have been those who figured that that was as good as it gets in so far as Sayona's re-rating value. And this may have even been reinforced by the subsequent slump back down to 3.4 cent a month later and then to 2.9 cents temporarily 3 weeks later on the 10th March. And it even stayed around these levels for almost another 2 months before the people who understood the value parameters and where it would ultimately go. But how many would have been ' shaken out ' by all this.
And we know that from Whoa to Go , 4 months is definitely NOT a long time in the share market when you are absolute in your research and knowledge which has set you up in your chosen investment.
So there will always be those who see 200 or 300% return being not enough and those who see a 1,500% return being enough. However in either case you would have to have recognized the potential of Sayona for only around 6 - 8 months at the very most. And this is why you get all the ' Agro's ' coming into forums and slurring your investments because they have no doubt missed out.
So I can guarantee you on thing as a constant ....and that is you are NOT going to realize these sorts of percentage gains from any alternative strategy which relies solely on your cumulative gains achieved by just chasing momentum plays you know nothing about.. At some point you are going to have to invest in yourself by doing some research on your own to achieve returns of this sort of magnitude.
So with Sayona where it is now , and to have enjoyed these sorts of gains you would have had to be across the research much earlier on if you were relying on yourself and not others. And the same thesis will apply equally now for those who are contemplating their investment in Sayona at the current prices of 15 or 15.5 cents .
However the Market seems to be very comfortable with this valuation so at least this give some comfort to those considering there move now verses those who were backing themselves in in more uncertain times pre - 2020 and before. And Sayona is way way more de-risked now than it has ever been before - so perhaps that is why the Market likes and is comfortable with these current prices and valuation. So you nee to Remember the Sigma Comparison here if nothing else.
And it is obviously a strange pattern developing with respects to the technical's as well - suffice to say that this sideways pegging seems to be confirming a ' Smooth Plateau ' or ' Smooth Bottom ' albeit not as curved in its shape as might be seen from time to time , and which is required to form a New base of what I would call a reverse Soup Ladle which launches the handle to new and higher highs.
So the reality here is that this trading plateauing which is going on can continue for sometime. However , the likelihood that it will continue indefinitely is significantly less over time and as these trading sessions are relegated into history.
So the upshot here is that there is no point in complaining because for those getting in now whilst they have some comfort in these clearly unfolding support levels , they also have to exercise some patience or get off with the latter being more like what most will do because in most cases people , the majority will miss out on these extraordinary returns unless they are extraordinary people with extraordinary vision.
So please don't speak for me mate when you make statements like we're mushrooms etc.... because I have an impeccable record of picking these ' Extraordinary ' stocks over the years and I spend an extraordinary amount of time and effort in doing so. So it's definitely NOT Luck when you do it over and over again over many years.
And on that note , I've got some significant projects to focus on at the present moment so will now be taking a break from Hot Copper and in making any further comments regarding this stock.
Best of success to you ALL , and enjoy the spring and the rest of the year. 2022 can only be a better year after the last couple with COVID-19.
(20min delay)