A pleasant change to read the comments from someone who appears...

First 944 Last

Share
Profile

Follow
robjb5

1,834 Posts.

1

05/12/17

13:08

Post #: 29382791
Share

Originally posted by Tomasp ↑

Guys, this is all IMO and not trading advice, HOWEVER everyone needs to take a deep breath, step back and look at the big picture!!

1 - We have a stock that has rallied between 400-500% over the last month!

2 - On the basis of no new information released to market, today we've seen a pull-back of around 15% during a market that is a sea of red. Now I don't know about you, but to me, this doesn't mean the stock is crap, or I should sell. There's been no material change information, so why would I think yesterday the stock has so much potential and its going to the moon, and suddenly today think there is no outlook etc. All that's happening is some pull-back and re-trace which is a perfectly normal and healthy thing. Have a look at every stock that is out-there (even A2M) and can guarantee it hasn't gone up perfectly straight, every stock oscillates up and down, moving in natural waves.

So again, this is all IMO, but today is just a bit of profit taking and consolidation & i'm in no way worried about which way the future price will go... So i'm just going to sit back, relax knowing there is no fundamental change in the company or any new information out there, and watch this share's natural progression.

Expand

A pleasant change to read the comments from someone who appears to be an experienced and mature investor.. I always read your posts and find them free of the immature gibberish that is increasingly becoming more prevalent!! Keep on keeping on!!!

QBL Price at posting: 7.5¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

Plagues precede widespread power shifts. We’re living in one – and minerals are at the fore

ASX Market Update: Shares fall flat as GYG soars on debut | 20 June, 2024

STX

Strike Energy secures $153 million for Perth Basin gas projects

AML

Cultural heritage agreement puts Walford Creek exploration back on the map

RDN

If you thought lithium was dead, think again. The Pilbara will be central to the next upswing

EMD

Emyria's Empax Centre chosen for mental health clinical trial

FHE

Frontier Energy achieves key milestone for Waroona energy project

SBW

Shekel Brainweigh CEO Nir Leshem weighs in on AI adoption ahead of FY25

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

BRX

Belararox delineates another porphyry in Argentina at Tambo South