ARD argent minerals limited

I think we could say this about any stock as hindsight is 20/20....

  1. 389 Posts.
    lightbulb Created with Sketch. 39
    I think we could say this about any stock as hindsight is 20/20. I was about $50k in the red (loss on other stock not ARD) before the last big ARD spike and was holding about 12 million. At the time I wasn't watching what silver was doing, so I was caught with my pants down around my ankles. The rush hit and most of my stock was sold at low 20's, which just got me back into the black.

    I acquired probably 8 million of those at 1.7, every time some sold I was there to scoop them up. I consider 1.7 to be very solid ground for ARD. Even though the price recently dipped to 1.6 briefly I wasn't concerned as I felt we had bottomed out (and still feel we have for the time being).

    When the price hit 1.6 the other day I was very close to being $100k in the red, but I am not overly concerned. I have a great deal of faith in ARD, and while things aren't currently optimal, I do think we will slowly claw back some of those recent losses hopefully this week. I personally feel that there was a lot of panic selling when there was no need for it, and those that jumped out are going to later regret it.

    There was some obvious price manipulation going on as we fell back down through the 20's but it hit a brick wall at 1.7 when the market said enough is enough and started buying everything that was put on offer. The 1.7 queue was bought down probably half a dozen times before the person / people trying to push the price down finally gave up. There has been minimal resistance since. They are still trying to push the price down but are mostly letting the price go back to where it should be as the price of silver continues to look strong.

    Only my opinion but I think they are trying to swim up stream at the moment. The market is starting to gain confidence again and while the silver price continues to show promise I don't think they will be able to influence the price as strongly as they did last week. I still firmly believe anything under 2.0 is an absolute steal, and just wish I had more spendable funds to buy more.

    Of course none of this is financial advice, just a keen observation of someone spending more and more time looking at the contributing factors as to what is going on.




 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
2.4¢
Change
-0.002(7.69%)
Mkt cap ! $34.70M
Open High Low Value Volume
2.6¢ 2.6¢ 2.4¢ $97.76K 3.934M

Buyers (Bids)

No. Vol. Price($)
5 2133392 2.4¢
 

Sellers (Offers)

Price($) Vol. No.
2.5¢ 43077 1
View Market Depth
Last trade - 16.10pm 13/06/2025 (20 minute delay) ?
ARD (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.