KDR 0.00% $1.90 kidman resources limited

Just my 46c worth

  1. J89
    1,365 Posts.
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    After all the coverage we have received in recent weeks, both good and bad, we have a lot of punters now imbedded in our company. Most of which are in lala land and still believe in get rich overnight schemes and stocks. This coupled with the fact that many of those, and many of the long terms holders, who are now finding themselves selling KDR or similar stocks, simply cannot afford to hold or fund their shares. You add fear mongering or active down ramping, as is happening here by a select few HC members, you get an ugly cocktail.
    Most will spend the night reading every post on HC, and naturally our brains are equipped for the fight or flight scenario, and you guessed it our bodies hate being put in these type of scenarios and so our cortisol levels shoot through the roof expecting the worst. PSYC1001; are brains are wired in a way in order to highlight negatives, prepare us for them incase they do become reality. So then most will go to sleep, have broken sleep infiltrated with REM-sleep. You wake up the next day, having had nightmares about the stock you hold, made up your mind to sell the stock at ANY cost for no apparent reason besides the fear that was instilled in you the night before by chronic and serial downrampers.

    Fellow KDR holders, you need to be able to go to sleep confident that the stock you've invested in will achieve the goal you've set it to achieve given the time frame you've allocated. These points are paramount in your investing decisions. Where do I see the stock in X amount of time, and how much will I be able to profit? You want to go to sleep without having to worry about what downrampers are saying on HC. Moreover, when you buy a stock you should buy it because you have endless amounts of good reasons as to why you should, and so reading posts of one or two HC members with 50 odd posts, should not sway you away from the stock.

    So those who have been spooked, are spooked or might get spooked, patience is needed. You put your bet, that YOU can AFFORD, into a company you have researched extensively, and let the company do its business. I am a business owner for one, I wake up every day knowing that today things might run smoothly or they might not. If they don't I know not to panic and I know I am confident enough in myself and staff to have the issue sorted; sometimes on the day sometimes a week, or sometimes months or even years! But I go to sleep every night knowing whatever matter arises it will be solved. When you invest in KDR, or any stock, be sure to have confidence in the management but also be sure that issues such as this MZN debacle will or might happen, be sure that you are ready for it and most importantly be sure that the company you now own is able to handle it. Otherwise do not invest in that said company.

    Another aspect in making money on the ASX, or any stock market for that matter, is buying early and on the cheap. I did that, I bought a ton worth at $0.09, but I also bought even more than my original buy at $0.7. Why? Because I believed the story and still do. I have now topped up even more on the recent market weaknesses we have seen.
    Never the less, many of you new or old, have been given a glorious opportunity to buy in or top up at IMHO ridiculously low prices; thanks to many reasons but mostly thanks to MZN.

    I'm not here trying to convince any of you to buy more, in fact this is what I'm hoping to achieve with this post. Shed some light, as light as it may seem. But more importantly I hope to have people buy more if they believe in the company and I hope that some, who do not believe in the company or management, sell. Depending on your views of the company and your trading ideology, you may buy more or sell your positions. If you've bought, wanting to buy or will buy, do your research and importantly be patient and give the company time to runs its due course.

    Theres not much else, you don't need to look at the price hourly or daily and worry yourself with price moves. Thats what traders do.Some make large money, but many without the right qualifications lose a lot more money. Why? Because its legit gambling if you haven't done your research or you don't have the needed training - and we all know how profitable gambling is for the business owners. If you like gambling go invest in casino stocks.

    Don't fear downrampers, notoriously, they are known to be daytraders or shortterm traders. They may make some money, but ultimately if they day trade a good stock, statistically proven they usually miss out on 70% of potential gains.

    As always, DYOR.
    HC is a good forum to 'discuss' shares but it sure as hell isn't a place to get trading advice. Please keep that in mind.
 
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