PLS 1.04% $2.85 pilbara minerals limited

Predicting Margin call, page-44

  1. 5,455 Posts.
    lightbulb Created with Sketch. 548

    if you are in the market everyone need to understand this quote to the letter

    “In the short run, the market is a voting machine but in the long run, it is a weighing machine.”― Benjamin Graham

    business fundamentals will trump in the end, everything else is just short term voting machine, algos, shorting, manipulation whatever xxxx
    if you invest in strong business, with strong fundamental and good management long term you will wins and well rewards,
    no shorter or algo can attacked a strong fundamentals business and bring it down that is the facts

    but if you invest in weak business with bad management then over time you will lose, shorter just accelerate the time line and save you the long suffering misery. Here is are a few to go by

    look at the shorter shorting CBA for the last 15 years, they all end up losing billions and billions and CBA keep breaking new record high
    it even has a nick name the Widow Maker for shorters because CBA is backed by extremely capable management and strong fundamentals

    recently a few weeks back a day before LOV result, shorter published they short LOV and have it all over various financial papers expecting bad result, they want to capitalise on negative news, on the day LOV shock the market with an incredible result, extremely high cash flow, profit up, up their dividend 61%
    stock explode and breaking new all time high from 25 rocket to 32 a nice 28% gain plus dividend.
    Again a business that is back by extremely solid fundamentals and backed by disciplined founders

    and if you hold stock like REH SVW for decades again time is your friend you just get richer and richer each year, market crashed come and go, shorters and algo come and go and shorter did attack SVW last year and look what happen to its share price now, another record all time high.
    again both business are run by extremely capable founder lead management back with extremely good fundamentals

 
watchlist Created with Sketch. Add PLS (ASX) to my watchlist
(20min delay)
Last
$2.85
Change
-0.030(1.04%)
Mkt cap ! $8.582B
Open High Low Value Volume
$2.86 $2.87 $2.78 $46.76M 16.52M

Buyers (Bids)

No. Vol. Price($)
1 2708 $2.83
 

Sellers (Offers)

Price($) Vol. No.
$2.85 123365 7
View Market Depth
Last trade - 16.10pm 31/10/2024 (20 minute delay) ?
PLS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.