AGY argosy minerals limited

Ann: Quarterly Activities Report - June 2024, page-122

  1. 5,028 Posts.
    lightbulb Created with Sketch. 2161
    "You had plenty of opportunity to sell above your av exit price"

    As have you mate. But we all have misguided beliefs at certain points, and we all make mistakes. Some acknowledge those mistakes and take action to rectify them; others demand that everyone else is wrong, they are right, and all that all is required is patience (and timingsmile.png), even when all the evidence suggests otherwise.

    "My 1st comment to you was June 2023(1 yearish)"

    It's a shame the receipts say other wise @Kookie wink.png. See below for your first dig on 18 Jan 2022, about 2.5 years ago, just as I said:

    https://hotcopper.com.au/data/attachments/6342/6342851-0904469ea9b3fe0328519cc0a107d3aa.jpg

    "patience required" and "timing is everything". Neither motto has served you well, so maybe it's time for a new investment strategy" - incorrect but thanks for your opinion/concern"

    Just saying "incorrect" doesn't make it so; the world doesn't work like that. What we can do is look to the evidence, such as your first ever post on the AGY threads mentioning that "patience is key". Remember to take note of the post's date (over six years ago) and the share price at the time (over 500% higher) when deciding whether "patience is key" for this particular company:

    https://hotcopper.com.au/data/attachments/6342/6342852-b7c2be4b62f931c4ccdf78a2b25dbd2d.jpg

    Then of course we have "timing is everything", first dropped by you over five years ago now at a share price almost triple today's share price:

    https://hotcopper.com.au/data/attachments/6342/6342858-a213dac95c339e0d87f7d4cdf5106f8e.jpg

    I don't disagree with your sentiments completely, and I still think your investment catchphrases have value, just not necessarily for this particular company. At some point it's important to come to the realisation that your slogans are just generalisations, and many investors went broke exercising patience and timing on stocks that were fundamentally unviable (see the A40 and AJM threads for some clear examples in the lithium sector).

    Anyway, best of luck to you too.
 
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Mkt cap ! $21.83M
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No. Vol. Price($)
6 2500411 1.5¢
 

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Price($) Vol. No.
1.6¢ 1983147 14
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