Sdaji in 2023: I have concerns, this doesn't seem to be going well.
Gcar: you're a troll *shameless ramps*
Sdaji a few months later: I've sold out, it's clearly not looking good.
Gcar: You're a troll *shameless ramps*
Sdaji: I have reason to expect the situation is catastrophically bad and I'm sure the price is going to crash
Gcar: You're a troll
*all efforts to continue working on the plant are halted, staff fired, project ceases, price crashes*
Sdaji:
Gcar: Gee, that Sdaji guy was a troll.
You accuse others of turning this place into a circus. If this place is a circus, you are the ringleader. We all know it.
You've ramped this thing all the way down to where it is. At more than 10x the current price you were saying you hoped it would drop so you could buy at a bargain. Here we are, it's crashed to around 4c, you're hoping for low 3s to buy more (LOL), and I have no doubt we're going to see it, you'll claim to be buying, and then it'll be in the 2s, 1s...
What's so difficult to understand at this point? They're not fixing it, they're not trying to fix it. To fix something it had to once work. They never got it to work. Whether or not they actually had any confidence in being able to make it work, they have now given up.
To say that a demonstrated failure which has been abandoned after years of no progress is "derisked" is sublimely absurd! I'm not sure if you actually take yourself seriously when you say that or you're just hoping to fool others, but it's a ludicrous thing to say. When you spend many years without making any tangible technical progress it's a huge red flag indicating you likely can't/never will. When you then give up even trying... come on, is anyone actually stupid enough to fail to see what's happening?
The risks haven't just gone up, it's now near enough to guaranteed that we'll never see AGY get into production. And yep, you are more than welcome to put that quote aside for future reference, just as you did when I said we'd never again see 80c, etc etc etc. All those examples are now clearly solid predictions, and you're welcome to add this to the list.
I think some people just become so emotionally involved in this company that they can't accept the clear, obvious reality in front of them. If AGY couldn't get the thing working or even make appreciable progress during the massive boom, why is anyone going to invest in the company to try again now that it's over?
Who is the troll here? The guy who ramped it into the ground or the guy who expressed concerns then jumped ship before it went under, and tried to warn others before the terminal step of 'we've sent the staff home and decided to shut down operations'?
Thanks for the shout out! Feel free to summon me any time. Maybe I'll see you again at 2.5c x0x0
AGY Price at posting:
4.1¢ Sentiment: Sell Disclosure: Not Held
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