I prefer to read and analyse business findings, reports, profit and loss summaries, financial activities, progress reports or other forms of business announcements before determining 'how much' a business's share price is worth. Personally, I prefer to only read threads to understand the human psychology behind other investors to help determine whether it is a reasonable investment, I treat the threads as the voice of the market, as after all, they are the market, we are the market. As we know, people always say don't trade with your emotions and many few have managed to master that, but at the end of the day we are all human, and at one point or another, we make irrational decisions.
ARL does look like a good decision from a psychological view, in addition to that, however, I hope you all also look at the more important fundamentals behind the business operations.
That's my view on market threads, happy to hear and discuss yours, we can all learn something new
Anything to do with cobalt in the next few years will skyrocket if the business can get it out of the ground for a reasonable price. However, also consider how long the world will be in demand for cobalt, 5 years will we have moved on or maybe 10 years? Not sure. Don't want to invest in a business who will start mining in 5 years or so, and the market has moved on. Will thoroughly analyse ARL though
cobalt stocks: CNJ/BAR/EQU - the best of the best that I have so far invested.
