I think the main claim is 'don't fall in love with spec stocks' gee haven't heard that one before, the company will endlessly capital raise-there have been 2 in 3 years- I don't know if that's a lot? And I can't say Ive noticed too much hyping on Twitter that he refers too. All these things are warning signs apparently.
Not sure but maybe he even predicted the collapse of lithium markets like MS did or allegedly engineered?
Not having built or fast tracked a business in this sector I can't say if what AGY has achieved in the time I have been an investor is good-going on 2 years + now. They seem to have ticked off major milestones and are moving on to the next phase. To a layman like me and many others it seems significantly derisked?
If people don't invest and take a risk in spec stocks then how does innovation or building a business occur? Isn't this why the stock market exists? Well apart from making lots of money.
All these prophets/saviours that have popped up in the last few days are falling over each other to say 'I told you so', perhaps that's best left to when or if the project falls over. Right now it's just rubbish.
AGY Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held
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