CLZ classic minerals ltd

No 'doubling up to average down', no 'trying to get your money...

  1. 4,002 Posts.
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    No 'doubling up to average down', no 'trying to get your money back' - they are on to these strategies. Whatever goes in now, pays out someone, and you are likely to be consolidated or diluted by some below-market cap raise . Talk about trying to flog the dead horse . PS I only lost $500 and it's called capital risk management. The last capital raise was at eight-one hundredths of a cent. It was 20 percent below the lowest price on the stock market. So subscribers were guaranteed a 20 percent profit if they could sell. But it is highly likely they will loose 90 percent on a consolidation while they are cued up for months waiting to sell. This stock is risk on steroids! Don't try to catch the falling knife, the trend is your friend, and things are looking mighty grim for this stock now , as their options are drastically reduced, as they are so in debt, having burnt so many people,
    If you were presently holding Newcrest there will soon be an offer to buy your shares.
    Just look at the non-compus individuals who support them, there are about 3 of them, and they are likely rebirthed id's. None of them can put a logical argument together . Just wait and watch, you may be grateful you didn't give them any more of your money.
 
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