PLS 3.17% $3.05 pilbara minerals limited

As a Long term and fundamental investor, one aspect of...

  1. 373 Posts.
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    As a Long term and fundamental investor, one aspect of the
    current upward trajectory of the stock that I find really
    comforting is the tremendous supportive volume. Between
    ASX and chi-x the volume today was 56 million shares.
    I kind of like that number as a price indicator more than some
    shogi rickshaw headless one wheel missing candle.

    As with Hildewilde I am also shocked that some longterm
    investors who stuck it out through the recent dark times and
    are now in the green are considering selling out. That's kinda
    like running a marathon in a heavy storm and suddenly quitting
    when the sun comes out. Speaking of storms, we are in a perfect one
    for long term price appreciation.

    One last thing. The concept of ...In the stock market, money flows
    from the impatient to the patient... also applies to the current situation.
    Yes some newcomers have made some handsome profits here and are
    thinking of taking their profits and looking for the next opportunity.
    All I can say is when it comes to this stock I wish I wasn't 80 years old !
 
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