AZL General Discussion, page-20752

Off topic guys, others can ignore.

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I have been writing in detail around how more than 80 ASX Li stocks go through this phase. First is Stage 1 - hype. Next is Stage 2 - Reality or drill results. In Stage 1, the stocks gain between 100 to 300%, just on hype. Then they give away all, because stats for reality is not good. Except AZS and WC8, rest all failures. Chances of success is around 1 or 2%, so very, very low. I have written in detail about this on several threads, RDN, VSR and recently copied bits on PMT thread.

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So to play this is to play Stage 1 hype, but never Stage 2 reality. I always play these hype, play Stage 1,but never Stage 2. And play with moderate amount, not much, as it can collapse anytime.

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Specifically for WML, there is a pattern. I have been watching and playing it for 3 years. There is usually a CR at very depressed prices. After CR, suddenly sp starts gaining. Big time. This time around 0.009 or so a CR was done. Check date and price how sp moved after that. Look at last CR before this CR, same pattern. Not saying someone is playing this every time, but stats point to something, very suspicious. I got in at early 1s and got out at early 2s. After that I didn't have the guts to play upto 3 etc as I felt risk is very high of collapsing.

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There is no advice here, just sharing my experience and thoughts as you post here. I could be wrong in my analysis, so please check for yourself. I am sure another episode will come for WML, but it might be in another 6 months or so. I will again play if I see the same pattern. Wish you well.