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2.2¢ savannah goldfields limited

Ann: Quarterly Cashflow Report, page-293

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Bigmarn

7,485 Posts.

1464

14/06/21

22:02

Post #: 53835743
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Originally posted by Baby Doc: ↑

The absence of reports can be scary. If you are worried about the survivability of the company pay attention to director buys ....this is public information. No director buys shares in a company headed for bankruptcy.

One of the more asinine and self absorbed downrampers on this forum lost 50% of his capital by ignoring this metric. He bought at the top when directors were selling and all the pundits were wildly bullish. He says, for him, losing money was a painless affair - oh the stubborn pride

Lesson: Director selling should not be ignored.

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I don’t disregard director buying,we work in different metrics
you invest when directors purchase at historic lows
i invest when directors buy on market at all time highs
my theory amongst other factors is working for me, and I’m happy with that

LNY Price at posting: 0.5¢ Sentiment: None Disclosure: Not Held
5 Upvote

0 Great analysis

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