Cool post. Unsurprisingly lengthy, and as usual, your thoughts are wandering in various directions. So why should anyone have confidence in my assessment, you ask? Well, let's examine the outcomes of our individual assessments. In late June last year, when the AGY SP was hovering around the 40-cent mark, I began selling my shares due to consistent missed targets and delays, among other concerns. During that period (and to this day), you were ridiculing anyone expressing pessimism about the company's prospects. You even claimed there was hardly any downside risk from 41 cents and noted that investors should buy low and sell high, implying that 41 cents was at or near the bottom. Regarding AGY, "buying low" apparently also meant purchasing as high as 70 cents (as we can see below). Quite the prediction, huh?
Now, returning to your query about why anyone should have faith in my assessment. Frankly, they shouldn't. I'm merely an anonymous forum user, and my remarks shouldn't bother you at all. Nevertheless, this doesn't preclude us from objectively observing evidence-based facts to determine the accuracy and credibility of those posting on these threads. In this specific scenario with the EIA released and the SP wallowing in the low teens, who seems more credible: the individual who proposed exiting at 40 cents or the one vehemently defending the stock, even after claiming that accumulation as high as 70 cents was "buying low"?
I think the results speak volumes.
P.S. - "The game isn't over" is a flippant comment that's effectively useless. It applies to every stock that isn't in administration, including LKE, etc.
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