A stock in need of a decent announcement!, page-18

  1. 937 Posts.
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    For me I'm thinking it is gold coins until this actually takes off and stays there. The measure for me after all this time is the SP and it's strong response.

    When it went up last year clearly it was speculation and a lot of clever people got out because they took the smart view that the underlying foundations didn't support the SP. I was fortunate to have a broker who convinced me to sell some, even though I was in 'HOLD' mode in my mind. Of course I wish now that I sold the lot, but crystal balls are sooooo expensive (you can tell I am not experienced in this stuff).

    12 months on it just feels to me like if they can keep pushing the guidance up and make some solid announcements it will get momentum, based on fundamentals, rather than total speculation. They are actually getting runs on the board and there are lots of irons in the fire. When it does go up significantly it is not so likely to do the usual and meander back to where it was. It feels different now to any other time since I started this nightmare ride 6 and a half years ago lol.

    When it goes up and feels like it is not coming back down significantly, then the gold coins will be able to go in a charity tin instead instead of the next quarter jar.

    I think we are getting closer but I suspect it might be well into next year (as I predicted a long time ago).
 
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