AGY 8.14% 9.3¢ argosy minerals limited

Li-related News/Articles/Reports, page-8302

  1. 13,697 Posts.
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    Firstly, yes I will buy aggressively if it gets anywhere near 4 cents. Simple. Already spent plenty in the teens and sub-10c, recently, btw.
    Nice “gotcha” lol.

    Secondly, my target was and remains greater than 80c, yes.
    My exit strategy did not - and does not - involve selling at 80c.
    Simple.

    But, again, the point goes right over your head.
    It seems that you had no target based on any fundamental assessment of the company, and were simply chasing an apparent hype spike to +$1 that never came.
    My point was that IF you had some target based on some fundamental assessment back then, why would it be so incredibly different (so so much higher) than your current expectation of “20-30c” tops until circa 2030???
    Assuming your current target is based on some fundamental assessment, then it follows, afaict, that IF you had a fundamental target 18 months ago, then it doesn’t make sense that it would have been +++80c, so once your “hype” spike died off, why didn’t you bail at 50c or 40c - when the “hype” you speak of clearly ended…. And your fundamental target was (likely) further down…?

    I suspect that the answer is that you never actually assessed the potential value from a fundamental perspective and were just chasing shiny things… and now you’re “stuck” here stubbornly at a loss until you get back to break even on the next spike, coz the stock “owes you”.

    Imo it’s either that or your current “assessment” of the sp not surpassing 20-30c for the next handful of yesars, iirc, is not genuine at all, and you were confident all along of bigger gains in the long run…?
    Last edited by GCar: 30/05/24
 
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