Share
20,483 Posts.
lightbulb Created with Sketch. 864
clock Created with Sketch. 20/04/24
09:55
Share
Originally posted by chuk:
↑
The other view is that some posters have an overly negative opinion and keep focussing the discussion on their negative views with little regard for the positives which may put some potential investors off of doing their research into what most here believe is a very good investment. Those negative focussed posts might also reinforce fears of some current holders that are worried about the lower sp. Some are influenced by what they read here. Psychology is powerful in investing. A sp may be falling mostly due to a short term reason such as a desire for some investors to cash up in a bear market or an option holder selling to raise cash to exercise their options. The market can only guess why the sp might be falling. Many suggestions are put forward on forums like this. It may be predominantly one factor pushing the price down meaning most of our explanations are probably incorrect or only played a small part. I have put forward my thoughts on what I think are likely reasons (the two above) for the current low. Along the way I have also mentioned other possible contributing factors like the election uncertainty at that time. What I won't do is insist that those are definitely the correct reasons and keep focussing the discussion on them.
Expand
Do yourselves a favour- DYO thorough research and invest when a stock you like is being bagged heavily on forums and when the sp seems to be stabilising after a steep fall to a point where it offers compelling value. You may not get the timing perfect but it definitely beats buying near a peak. I see very compelling value here now. I saw compelling value at 10c. I don't think anyone will go wrong buying anywhere below 15c and holding for a year. This now has the best upside potential it's had since I bought. Much better upside potential than when it dropped to 5c over a year ago because at that time we didn't have the green ammonia.
