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50.5¢ leo lithium limited

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24/07/23

14:57

Post #: 68948555
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Originally posted by LambSauce: ↑

I think you aren’t being totally unbiased with your opinions on Leo. It’s not just a couple of stocks down today. It’s a massively red day in the sector. And you even said it, it’s herd mentality. You’re framing it as a reason to not expect a sell down, I’m saying that IS the reason for a sell down. Investors are mostly idiots chasing money, along with computers chasing money. Most people lose money, and that’s why the markets often don’t make sense.

Resource sector goes down while we are suspended = changed sentiment amongst holders in the meantime. Those money chasers and computers which unfortunately make up probably the majority of these SP movements, will almost certainly sell come Friday (fingers crossed it’s Friday). And then once we fall, we will regain traction again since we ARE in a great position as a company, and the SP will rise again, and the money chasers will jump back on board.

You said it. Herd mentality.

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Yes i am not unbiased when it comes to LEO. Its a fantastic company with great management. I do mostly take a long point of view regarding LEO.

At least let me keep my optimist card...

LLL Price at posting: $1.14 Sentiment: Buy Disclosure: Held
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