which way next week, page-2

new2 stocks,
the share price will continue lower if people keep selling and few people buy, no secret in that of course.
I have been buying Gondwana and Maximus on the share price weakness as both are the value buys on the asx at the moment. Mantle has become a buy again following a bit of a re trace also.
Due to the relatively low volumes on the sell and buy side and also in turnover, Gondwana could be fairly volatile in the next month as the news gets released.
I think it could trade between 19.5c and 30c over the next couple of weeks if the news is not released. If their is news, trading could be expected between current levels and 40c. The previous trading highs around 60c could happen again but the company needs to get a marketing consultant on board or some marketing experience on their board. The existing directors have a huge amount of work on their agenda and it appears to me they are struggling to keep up with the attention to detail.
It's one thing to release, during deferred settlement trading, an 8 page announcement about very good ( extraordinarily good in fact) sample results and another to explain it in plain english.
There has been no media release, no boardroom radio interview etc. Warren tells me he was going to do some presentations but timing is important and to be fair, if they are snowed under, the marketing campaign might be later rather than sooner. I would have done it sooner but I'm just a reasonably small share holder in the scope of things so what would I know, lol.
While the drop in share price is sentiment related, there is plenty of reasons to be buying GDA and MXR.
As the share price decreases the value increases and I have posted on numerous occasions that I buy when others are selling and I sell when others are buying, it takes discipline and the bottom line on the portfolio looks worse but the long term fundamentals remain and opportunities increase when the share price is going down. One of the benefits of being in the market for several decades is that it instils a disciplined approach to holding stock with strong fundamentals and a string of announcements due on a multi resource and multi tenement front.
The light selling presents cheap entry but each individual risk profile is different and financial circumstances sometimes force selling at a loss........ only to see news spike the price soon after.
I did it myself in the early years and the experience is usually at a time when it can least be afforded unfortunately.
But it certainly toughens up the trading and investing strategies for the future.