looking good, page-21

re: next week .......analyser no problems Tibbs - I understand mate.

I guess I come from the point of view where I know I can't predict next weeks price with certainty - probabilities may say it will be 9 or 10 cents, but who really knows for sure - the smart money might do another dump like on 9th August to accumulate cheaper. At the end of the day - next week doesn't matter to those of us that want to make real money and that means waiting for the next set of financial results, and maybe the next set, and the next etc... - so long as they are strong and the outlook remains so and no nasty surprises.

Look back at the history of this thread and see the posters that posted all day nearly every day when TOX was 2-3 cents? These guys thought that this was a great stock - so great that they couldn't stop posting on it. Don't see too many of them now - do we - LOL!!

They were bragging about getting out at numbers like 3.5 making 40% (less full CGT) in a week or 2 and were going to get back in cheaper as they were real smart 'traders' - LOL!
How many of these same posters post on it now - I won't embarass them by naming them - LOL! Somehow I don't think they are back in!! Hard mentally to buy at 2.6 and sell at 3.5 and jump back on at 8 cents - especially when they do not understand what is making this one tick.

Rather than ramping all day or searching for gifs of monkeys they would have been better off spending their time reading the companies last 2 financial reports and forecasts of the future and crunching some ratios 6 - 12 months into the future and holding their stock based on good analysis and risks considered of course.

You and I both know that short of some left field negative news that this is going higher - and bad news can always happen. But we have a good 'profit buffer' now to stay the course and see what happens and potentially make much larger gains and get the 50% CGT discount after 12 months. If bad news does come unexpected - we will still make a profit anyway based on our low entry.

So I understand that your comment is just related to next week - plenty of saucer eyed traders with no research will be eyeing it off as it goes near 10 cents where the half cent increments start and they can scalp a few crumbs.

Have a look around the NDO thread as it was trading around 8 cents back in March/April - a few new posters came out of the woodwork predicting 10 cents in a week or 2 (not saying you are one of them). The thing fell back to 5.9 cents and we never heard from them again as it went up to 15 cents - LOL! Shaken out as they didn't crunch the potential future numbers early enough and take a position and build that paper profit buffer that would allow them to sit through retracements as the smart money shakes out the ignorant.

Same thing will happen and has happened already with TOX.

Not a dead cert - but a good one to be in early and be prepared to give back some paper profit on retracements as they either improve their financial performance or don't over time.