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78.0¢ avz minerals limited

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Guggsy

1,136 Posts.

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19/06/23

18:52

Post #: 68364474
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Originally posted by asb83: ↑

If holders are stressing out about "losing their life savings", doesn't that suggest they've put too many eggs into one basket? So much for risk management. Hopefully holders will learn from their mistake. It's a statistical fact that most retail investors lose money. It doesn't take a rocket scientist to see why! Most retail investors would be better off buying ETFs rather than gambling, which is what AVZ is/was given the high sovereignty risk of its primary asset. It's like going to the casino and betting your life savings on red. Only bet what you can afford to lose.

Have a look at LKE today and the carnage that's happening there. Non holders were apparently downrampers with an agenda. The truth is non holders were much more clued in of the true situation than holders were. Just another example of holders being very very wrong. Sometimes those who aren't wedded to a stock are much more rationale. Those who hold often have tunnel vision. It's time for non-holders over there to rightly shine in the glory of what was one of the most pumped retail stocks in recent memory.

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AVZ Price at posting: 78.0¢ Sentiment: None Disclosure: Held
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