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Nice post Wilfran ☺.some Sense and reason. So LPI. Jerry harvey...

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racinghonda

169 Posts.

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27/06/18

02:04

Post #: 33968514
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Originally posted by wilfran1pm ↑

Yes I agree bosco! This, and early next month, is the perfect time to move in and take advantage by buying stocks that have been sold down. Which stock have been sold down, simples!!!! Have a look a the charts. Reality can't be ignored!!! A stock that looks particularly appealing to me is LPI. The base was set on 30/05, and the FA is appealing. Have a look at the LPI chart I posted, the case re a base is panning out quite well. Before OGX becomes appealing as a turnaround stock I need to see some confirmed high volume base set in place. I think I am currently suffering from what SJB called "cognitive optimistic bias" re OGX. But the "how much time question" you raised is starting to force my cognition back into reality. The OGX SP performance in early July will answer the questions I have re my potentially LT investment in the company.

Don't worry about the "Down Ramper" term, its only used by the ill-informed and uneducated HC posters who seem to think that anyone with even a slightly negative view of a stock are involved in some sort of conspiracy to drive the SP down so they can purchase at a lower price. For those who do not understand exactly what "ramping" is, it is a conspiracy that involves a large number of actors acting in a coordinated manner to drive a stock price higher before selling. "Down Ramping" is an HC term that I haven't see used elsewhere and just doesn't make sense to me. Anyway if such a thing does exist all you have to do is have a look at the volume traded to see where the "rampers" are showing their hands. Actually, I understand now that "down ramping" is merely an assumption that people make to alleviate the cognitive dissonance they are experiencing, i.e. their feelings vs reality; ref: Occam's Razor. To achieve substantially lower prices you need to get the large share holders to sell and they won't be influenced by HC Posters. My advice to newbies is to only take advice form Posters who provide verifiable facts re a stock, i.e. SJB and a few others on the OGX threads. But never, never, never, ignore reality. If a chart shows that a stocks SP is moving down, before buying in wait for a base to be set and for the more conservative investor wait for the SP to prove to you that it is moving back up again. Pretty simple stuff, use bosco's approach, all you have to do is look at a chart.

Anyway enough from me. I still have a heap of work to do to complete my short term CDF trading system, and now I have another project, i.e. a spec stock trading/investment system.

Good luck everyone, and stay safe!!!!

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Nice post Wilfran ☺.some
Sense and reason. So LPI. Jerry harvey made a large investment a few months back into LPI. My 2cents is i want to see how the next ann works out and I am hanging in to see the announcement and what is reported with OGX. It has been frustrating ,way way way frustrating : but thats just my view and i still believe OGX can overcome their issues and prove some value to us shareholders.
Also thanku BID.ROD ur video was a great contribution and a selfless act of sharing for all of us.Must have been amazing to be there in person and see first hand with ur own eyes what exactly is going on.I hope the people at OGX reads these posts and feel us shareholders frustration. HOW LONG IS " SHORTLY ".

OGX Price at posting: 5.9¢ Sentiment: Buy Disclosure: Held
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