Sounds like you need to be brought up to speed.
I have been very open about my trades and reasoning with TNT since I first stumbled across the company in mid 2022 (you are most welcome to go back and read my posts from the start). My first parcel was 8.5c, my second 7.5c. I posted about the TA indicating a breakout above 10c and my plan to make some quick money. It did exactly what I expected and went through a similar pattern breaking out into the teens, but by that stage I had looked into the company fundamentals more, liked what I saw, bought more and held on. I traded it (with more success than failure) to increase my holdings and accumulated a fair amount. I was very bullish and popular here until it came down from the highs in the 40s and back into the 30s. I continued to trade to accumulate, but because I was often expecting the price to fall (so I was selling out then buying back in with the same money to increase my holdings), many people became angry and resentful of me, so I said I was going to continue that strategy but stop posting for a while (that was the only time I wasn't actively posting about my trades and strategy). In the high 20s I had fundamental concerns about the company rather than just thinking the rally had gotten ahead of itself, and posting about this made me extremely unpopular. I sold out entirely in the mid 20s (after having bought in primarily below 10c and then trading to increase my holdings). I walked away with a very lovely profit, and everyone completely hated me, mocked me and said I was being stupid and would regret selling (at that stage I was planning to buy back in the mid to low teens and parked my money in lithium while waiting, and as things turned out that was a stupendously good decision, and most of it is still in lithium). The fundamentals continued to look worse and worse, I stayed out rather than buying back in, and my lithium stocks thrived. I briefly held this year as I described above, for memory I paid 15.5c expecting the last quarterly to be good (some went back to loving me, some still viciously held grudges), and immediately after the quarterly I was no longer a holder, having exited in the high teens, a fairly nice profit in a short time, though not such a huge amount. Needless to say, I was widely hated after selling and saying why, and hated more when I turned out to be entirely correct.
So, after consistently doing well trading TNT and walking away with a lovely profit which I've used to make further profit in lithium, I have absolutely no reason to be disgruntled. After watching the company so closely for so long I maintain an interest in the company partly just because I like to continue watching a story once I start, and partly because having invested this much time into it there's a good chance I'll be able to make more money on it in the future when things change.
The fact that you think I am disgruntled shows a lot about your own psychology, and psychology is the most powerful force on the market. It's what controls most traders and investors. If you fall in love or hold a grudge, it will only hurt you on the market. If you assume someone else is bearish or bullish about a company for personal reasons, it's probably because that's how you make judgements (to be fair, it is how most people make judgements, which is literally the main reason people lose money when trading). If you are bullish or bearish because you *want* a company to go well or badly, you are likely to get it wrong. If you base your prediction on well-rounded analysis regardless of what you paid or whether you hold, you're far more likely to be correct. This is why the vast majority of people are far better paper traders than when they use real money - psychology goes from being neutral to working against them.
I still like the company, not because I have made money from it (if I lost money it would have been my fault, not the company's), but because I just like the company, for similar reasons to the ones which made me want to stick around in mid 2020. I hope they go well in the long term, and I think they have a good shot at it. In the short to medium term though, the plain reality is simply that the TA, short term fundamentals and macro situation are all looking very bearish for TNT. I don't want it to be that way, it just is that way. Holders can believe things look good because they want them to be good, but that doesn't change the reality. If the company makes some amazing announcement tomorrow and the price shoots to 50c, I will be the first to sincerely congratulate holders and be genuinely happy for them and the company. I just don't see that being likely, and all signs currently point to a bear scenario. Also, if there is some change I will very gladly change my sentiment. I can't realistically see it happening, but if there is a change which indicates we actually can expect positive movement over the following month, I will gladly say so (just recently, in April, I went from bearish to bullish, then back to bearish - nothing to do with being disgruntled or anything, it's just that I am pretty good at remaining unbiased and recognise that this is a dynamic situation so the price can go up or down and change direction due to whatever changes and developments may come).
Rather than looking for emotions as explanations behind predictions, look at the analysis being put forward. Even if I am disgruntled or bitter or angry or deliberately downramping or anything else, or even if I am literally known to be dishonest, you can still read a post at face value and evaluate it. The chart literally is terrible; the long term trend is undeniably hideous. There is literally a double top indicating a retest of 10c. There is objectively very, very little depth below 10c. There is literally a bearish tweezer top pair of candles. On the fundamentals, we can clearly expect much lower revenue in the current quarter (shown in the next quarterly report) than in the last one we saw. We can not reasonably expect expenses to fall to the same extent. This is just the raw reality, and it doesn't matter who says it or what their motive is, it still exists, so 'you're holding a grudge' is a pointless statement - even if I was, the reality surrounding the company would be unchanged.
If you have any actual argument to counter what I've said, or if you have any bull case to make, I would absolutely welcome it. If you prove me wrong on something I'll thank you for teaching me and if you show me something I didn't know I'll thank you for informing me.
Honestly, I think what is going on in the heads of most holders here is that they'd rather just not see the bear case, because they're not going to sell, so if it goes up they'd rather not be upset by worrying about the possibility that it might have gone down, and if it's going to go down, they'd prefer to just remain blissfully unaware until it happens, and then say 'Oh well, there's no way I could have known, I didn't do anything wrong, it was just bad luck'. This is why they hate bears when they make their case and hate them even more when it becomes impossible to keep saying the bears were wrong.
Honestly (and you can probably tell), I enjoy analysing the psychology almost as much as the companies, and it's a huge part of successful trading or investing. There's no healthy place for grudges or love or pride in this game. Trying to be popular is a hindrance to making money on the stock market, because you just become irrationally bullish and blind yourself to anything bearish.
Despite luck being a relatively small part of the game, I thank you for the luck in my holdings, and I sincerely wish the same for you with all of yours.
Expand