Good advice, find something else to do and come back in the new...

First 10574 Last

Share
Profile

Follow
Dogtooth

83 Posts.

2

19/12/18

01:25

Post #: 36900061
Share

Originally posted by speedyl ↑

Well I have a general rule which I have learnt from experience (on hotcopper) and that is I dont buy stocks where there are HC hearts on it. Why, because everyone on here has an agenda (yes including myself which is a long term investor) and I have learnt from my time on HC that hearts in particular use their so called status to try to show that they are more experienced than others and to manipulate naive newbies (which I was once too) into their thinking when in reality they are usually doing the opposite to what they say. I found it very interesting that hearts like haplo and hoots who apparently dont hold have suddenly appeared on the AGY threads during this recent down turn. Now hoots maybe a good chartist but ever notice how he only appears when the chart is in a downtrend to spread the bad news? I always wondered why he never held any stocks but after reading one of his posts on the XAO thread the other day I see he is a day trader so now it makes sense. I am not trying to demean either of these posters as everyone has their own way of trading/investing and thats fine but I think its important that sometimes these hidden agendas are exposed, especially for the newer posters on HC (I sincerely wish someone had informed me anyway when I 1st joined HC). Then their minions also seem to suddenly appear to spread their fud as well. Haplo as an experienced investor unless you have your head completely in the sand you know full well that this current sell off is due to the market sentiment at moment being extreme fear and the good old Aussie market following the US down. It has absolutely nothing to do with quarterly results, which at this stage cash is the only thing interesting anyway, as while we are going through the process of customising our product with a preferred Japanese OT'er we are not currently selling any product. As a non holder to post I can only assume that you are now interested in AGY.

I know most here seem to be annoyed that JZ has not dropped the OT agreement announcement yet and are getting impatient. Personally as a LT holder I really really hope it doesn't drop until the market sentiment changes, hopefully in Jan 2019, as even a great OT announcement now would simply be sold into and would not get the market re-rate that it should. Yes its not good watching the SP go down but if you look at all lithium stocks...in fact most stocks... (even Haplo's KDR which has an OT agreement with Tesla and SI funding dropped 9.09% today) have been hit hard in this down turn.

IMO at times like this everyone needs to decide what is best for themselves and either sell or if you believe in the strong fundamentals like myself then hold through it, but thats a decision YOU need to make personally.

One observation I will give though is that its human nature unfortunately for non holders or those who have sold to come out when a stock is down to either down ramp so they can get in lower or to confirm their bias for selling. For me personally I am holding strong but I am ignoring all the noise on HC and social media like twitter (not that have a twitter account anyway) so you wont see me posting much at the moment until there is some news or something that is actually worth discussing on the forum.

I wish everyone a happy Christmas and hope we see the market sentiment change in the new year.

Expand

Good advice, find something else to do and come back in the new year. It is a bit tough when you have watched AGY go to 48 cents and down again, human behaviour is interesting.

AGY Price at posting: 15.0¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

Reply