Wow well done NewbieHK for making a decent profit and your amazing 'foresight' for predicting that the SP were going to collapse after $1.30.
The trends you are speaking of, easy for you to say now in hindsight. If, for example, this project was announced in Oct, the SP may have jumped back up to $1.50. Perhaps by December, Lake Dianchi trial was a success, a new announcement confirming the 2,920 sqkm awarded to PET, the price maybe now in the $2 range. Then you might have hated yourself for premature ejaculation. But it didn't. Instead, we are maybe 3-5 months behind. Maybe 3-5 years behind. Maybe Lake Dianchi will fail, maybe there's another big trial, or the success of Lake Wuhan waiting to be announced in 2 weeks. Who knows? You took and punt and you were right, good for you. No need to flaunt your amazing 'foresight' and skills for 'reading the signs' and your smarts for 'not listening to noise', then mock the others who didn't do what you did. This could have easily gone either way.
PET Price at posting:
76.0¢ Sentiment: None Disclosure: Held
(20min delay)