FML 7.14% 15.0¢ focus minerals ltd

IE and allmate seriously...I admire your sentimentand I...

  1. 201 Posts.
    IE and all

    mate seriously...
    I admire your sentiment
    and I agree...

    drives me crazy :)

    somehow it does not track gold
    asian market gold or us gold
    or asx 50 100 200 0r 300
    or its peers
    or international news
    or even company news

    the closest i can use on fml
    is some very very short term technical indicators
    which is not my cup of tea
    since i follow warren buffet
    yet small fish like us need to be careful
    not to have all our hard earned capital wiped out

    sit tight or you may want to bail
    or you may want to beef up your defense mate
    some volatility storm ahead

    pinto i agree with your 2 points too
    management is supreme to me
    if there is any changes ill be out
    got stung b4 and its was not fun to pay for clown show
    a change of management in this environment
    only adds more uncertainty
    that the shareholder is forced to bear
    in such times
    its all about people you can trust

    good to see comex poke through 1700
    lets hope that can hold
    trend line looks north
    for now...

    on the flip note
    market buoyed by rumors today
    that imf will bail out italy
    has just been squashed by imf
    oooppppppssss!!!
    whoever that bought over 2 mill
    in one click at 5.8 today?

    still LT probably will make them a happy investment

    its all about time frame
    and risk reward gambling
    gambling in the sense
    nobody know what is going on anymore
    not fundamental not technical

    roll your dice mate

    DYOR
    this is only for a bit of fun

    fingers crossed
    good luck to all

 
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