If that's the case, and if punters have been caught out with a...

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tigmeister

14,043 Posts.

140

10/12/21

17:15

Post #: 58221264
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Originally posted by sithas22: ↑

"I highly recommended the ignore function for Beach. "I get why everyone is ignoring Beach. S/he brings up the same played out concerns over and over again. We've considered those concerns fairly and addressed them, but s/he's persistent with repeating the same FUD. At some point, reading the posts feels like a total waste of time. Nonetheless, I won't be ignoring. I like to be aware of what the bears are saying, even if their arguments make little or no sense, even if they're just a "plunger" bringing up old shit.

On the one hand, I feel bad for the investors who will miss out on the Talga opportunity, because they're dissuaded by Beach's comments. On the other hand, it doesn't take much research to debunk most of it, so it's your own fault if you don't put in the time.

In the end, Beach is probably doing us a favor. The strong hands and smart investors see right through it. Those who pass on Talga because of something Beach said would probably have been weak hands the moment this stock starts to run anyway. The re-rate may take longer to arrive, but, when it comes, we've got a lot of holders that will diamond hand this stock for huge multiples (I know I won't be selling for years). The positive side of a crash, is that, generally, it's the strong hands that buy the shares on discount and the weak hands unloading. Haven't seen FutureMoney7s for a hot minute - maybe he finally sold out.

Also, for anyone who doesn't know, Beach bought near the top back in Dec '20. When I say "narrative follows price" - Beach is the type of investor that is the victim. S/he gets swept up in the hype of a bull-run and panics in the bear market. Zero ability to be patient on the entry point or be patient waiting for the re-rate. My understanding is that it was a large purchase of shares, and s/he didn't bother to average in to protect against the downside. Good news for Beach is that if s/he holds in spite of all the down-ramping, that Dec '20 price will likely look really good six months from now.

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If that's the case, and if punters have been caught out with a margin loan, then they may as well say so, capitalism is a rort, I would agree, instead of making up rubbish and blaming Mark Thompson or whoever.

TLG Price at posting: $1.50 Sentiment: Hold Disclosure: Held
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