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Originally posted by JM115
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I think it's pretty simple. The market is irrational because people are irrational. Even though a few on HC can discuss and make sense of the bigger picture, they are a minority as i would expect the majority of retail investors to either not be on HC, or in general have different views on the company's direction which is completely fine. I think its easy to assume that because the common contributors on here see the bigger picture, it represents the larger scale of the share register. This is far from the truth i believe. The truth of the matter is most dont know much about the AGY team so the 'trust' that some on here have with them through interactions is non-existent for the vast majority. The majority may not have the technical knowledge to fully comprehend what announcements may indicate. The majority are still learning the share market game so delays = bad = losing money!. Im not trying to sound condescending as i believe i am part of the majority for the most part, and only through reading the posts of some here have i been more exposed to the minority.
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For the record, i think we are still several weeks out of any confirmation so we need to be patient. Talks of "imminent" and "in a few days" are not helping anyone and probably unrealistic. I read the qtrly ann as sayin they need more time as its more complex than we can imagine.
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