AJX 5.00% 1.1¢ alexium international group limited

General discussion, page-20

  1. 1,756 Posts.
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    The lack of news flow through this quiet period seems to be contributing to a build up of pessimism and doubt within some of the AJX players. A decision to pick up your chips and move across to another table can be attractive, particularly when cheers emanating from that direction are obvious. The question then arises of how appropriate are the below extracts from Investopedia.

    By definition, capitulation means to surrender or give up. In financial circles, this term is used to indicate the point in time when investors have decided to give up on trying to recapture lost gains as a result of falling stock prices.

    The significance of capitulation lies in its implications. Many market professionals consider it to be a sign of a bottom in prices and consequently a good time to buy stocks.

    While investors and
    traders alike often attempt to anticipate capitulation in selling or buying, the reality is that capitulations are outcomes that result from the maximum psychological and financial pain that can be endured by a group before throwing in the towel.


    I think many could associate with that last sentence. Indeed, lithium is looking more and more like it could provide an appropriate recourse for the AJX stayers.

    Good luck with your choices @canonman.
 
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1.1¢
Change
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1.1¢ 134000 1
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