Yep. The truth hurts. Most posters don’t like hearing it.
For those who don’t know, @pademauge is a technical trader, and used charts to come up with targets (after Azure’s lithium discovery was confirmed) all the way from a ridiculous 75 cents to a whopping $23. Run through their historical posts and you’ll find the evidence.
How’s that supposed to help anyone?
Sure, I had bleak targets too, but that was before Azure’s assay confirmation on 13 June. After that, my view changed to bullish and I commented that $2.54 was possible (until it soured a few weeks ago). The price subsequently moved from about $1 to $2.54.
So I was right. Check my historical posts and you’ll find the proof.
@pademauge also claimed to own 3,000,000 shares in a prior post.
Imagine having your profit plunge by circa $1.89m (from the high of $3.15 hit over a fortnight ago until now) all because you chose to stubbornly stick to your charts and ignore others (like mine) along with fundamentals.
That’s what happened to that chart genius.
My point? As an investor, it’s important to keep your mind open, and have the tenacity to listen to views that oppose yours - because they damn well could be right! And despite hundreds of attacks (and some death threats) by posters, it’s the reason I choose to place nobody on ignore.
DYOR & GLTAH.
AZS chart, page-1253
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