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10/08/18
14:46
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Originally posted by bluebottle18
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I can only DITTO all that you said..... I have been around longer than some are old...From chalk board trading to now.... IMO I think the problem is too many young key board punters who have zero experience on how the market reacts to news today... Old dudes like myself play on the statistics /fundamentals of company.... are getting caught out by the new breed of trader..... My negative comments concerning managements performance sadly IMO has been justified....I know you will never please everyone .... There will always be a person like myself who will be critical. So many punters think it will only take 6 weeks for drilling results to be back when it is now around 3 months +....There is no way around this and BoD face a difficult task in preventing a SP slide.. Especially if the SP has gone for a huge run... IMO all the company can try and do is be informative and what is released is accurate and in full detail... As it is $1500 to release news on the ASX perhaps Twitter could be a better choice.... Where legal... Updates are crucial but sadly they are often met with drop in SP.... but a necessary evil......
The lack of confidence in company I feel has come from its past history and some rash announcements that they failed to deliver on...I believe when you set timelines you must calculate hold ups ....
I am actually stunned by the current SP as I truly expected it to sail past .03 and with strength... The market has got it wrong ... The company has ticked all the boxes 100% and achieved all goals set out as stated. It has done its best to promote the company with a WORLD CLASS GRAPHITE MINE that has unlimited potential... Even with some help on the DT thread the SP failed.... The SP is far too cheap and I am surprised no company that is looking for graphite has not attempted to take a strategic position...
I would like say more about the recent surprised announcement but fear it could cross HC policy/rules.
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Originally posted by bluebottle18
↑
I can only DITTO all that you said..... I have been around longer than some are old...From chalk board trading to now.... IMO I think the problem is too many young key board punters who have zero experience on how the market reacts to news today... Old dudes like myself play on the statistics /fundamentals of company.... are getting caught out by the new breed of trader..... My negative comments concerning managements performance sadly IMO has been justified....I know you will never please everyone .... There will always be a person like myself who will be critical. So many punters think it will only take 6 weeks for drilling results to be back when it is now around 3 months +....There is no way around this and BoD face a difficult task in preventing a SP slide.. Especially if the SP has gone for a huge run... IMO all the company can try and do is be informative and what is released is accurate and in full detail... As it is $1500 to release news on the ASX perhaps Twitter could be a better choice.... Where legal... Updates are crucial but sadly they are often met with drop in SP.... but a necessary evil......
The lack of confidence in company I feel has come from its past history and some rash announcements that they failed to deliver on...I believe when you set timelines you must calculate hold ups ....
I am actually stunned by the current SP as I truly expected it to sail past .03 and with strength... The market has got it wrong ... The company has ticked all the boxes 100% and achieved all goals set out as stated. It has done its best to promote the company with a WORLD CLASS GRAPHITE MINE that has unlimited potential... Even with some help on the DT thread the SP failed.... The SP is far too cheap and I am surprised no company that is looking for graphite has not attempted to take a strategic position...
I would like say more about the recent surprised announcement but fear it could cross HC policy/rules.
Expand
~~Hi BB,,
I'm in thesameboat agewise anyway...whole new ball-game these days for investors,,be interested on your views re the regular open and closing trades here by the 999--1 trader,,,,and elsewhere!!Wether a single or group operation it is very versatile in that it operated several companies prices simultaneously,,,,today for instance the opening trades on all these companies were made upon opening:-BSM,,AVL..ANS..CCE..CXO..LEG..SRN..VRC..WKT..[maybe more I don't hold shares-in too}...the 'patterns-of-trades [with XT's too]and the quantities traded are very similar [majority of quantities ending with '3' and '7'///'6' and '4''s,,,will be interesting to see the closing/auction prices!!