AGY 8.60% 8.5¢ argosy minerals limited

General Discussion AGY, page-19946

  1. 3,908 Posts.
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    @GCar

    Wouldn't it also suit your plan to add more? In case you've forgotten, you've consistently mentioned your desire for AGY to reach 10 cents so you can top-up. Despite today's fluctuations, it's worth noting that AGY closed at the very price point I made my most recent exit. This move allowed me to channel funds elsewhere, resulting in a quick 25% gain. As of now, things are looking favourable.

    At some point I'll consider taking profit elsewhere and potentially rebuilding my position in AGY. However, this decision hinges on the company demonstrating a more definitive and robust approach in achieving their milestones. Regardless of our individual motivations, the shared understanding remains that nothing in the market is a sure bet. Your optimistic perspective, drawn from the information provided by JZ, contrasts with my preference for a more evidence-based approach. The company's historical underperformance strongly influences my cautious stance.

    While AGY management have expressed confidence in having found a solution to the filtration issues, it's crucial to bear in mind that they have, in the past, held optimistic beliefs that ultimately proved incorrect. This pattern of overestimation has led to multiple delays and missed targets over the years. Thus, exercising caution and maintaining a measured outlook is prudent given the company's history of unmet expectations.
    Last edited by Rob826: 02/01/24
 
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