WR1 5.65% 58.5¢ winsome resources limited

WR1 General Discussion, page-31629

  1. 7,473 Posts.
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    Presumably many of our recent sellers have also previously been recent buyers who thought they were getting a decent lithium stock cheap, only to see it drop further and cause them to preserve most of their capital by selling for a small loss. I'm guessing this is playing out over and over and might continue until some good news is released. Otherwise the best method of stopping the decline is for everyone to remove their buy orders and refuse to place any until news is forthcoming. So, potential buyers, don't buy now unless you are prepared to hold come what may. Don't just buy thinking you might make a quick 5-10%, only to bale out when it drops 5% instead. Asking too much, I know. The only comfort at the moment comes from looking at GT1's or CXO's SP - poor buggers.
 
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