My gut has got be through the last 2 decades in the markets, you have to have commonsense, be sceptical and have a good eye for BS, if it dont look right it probably isnt.
Did any chart say that CDU were going to dissappoint so badly, NO. Did fundameltals say something was not quite right, YES.
The thing is these days so many people trade by the chart, in a way it is kind of self fulfilling, charts can accurately tell you what has happened in the PAST, but cannot predict where a stock will end up, only FA can do that IMO, charts can help with entry and exits and can tell you if a stock is trending up or down, but they cant predict what is about happen or the probability of it happening, unless of course the ship is very leaky.
It is quite amazing how often your gut knows best, I have not had a second thought about the future for Integra, I have not thought about selling one share in the last few years, and have no concerns about buying the dips, some stocks have me nearly pulling my hair out at times, but I feel comfortable holding IGR even when it was falling.
Do your research, look at the chart, if they both look good, go for it, Integra is looking great on both counts IMO, I had the same feel for Oxiana years ago, it was the easiest multibagger I have ever owned.
cheers grant
the above is opinion only and written without prejudice
IGR Price at posting:
43.0¢ Sentiment: LT Buy Disclosure: Held
