100% agree and it’s why I have stuck it out as much as it hurts...

First 7070 Last

Share
Profile

Follow
Skup

1,784 Posts.

258

18/08/22

12:33

Post #: 63188683
Share

Originally posted by dawgfather: ↑

ANN's aren't always the honey pot they sometimes seem to be. This week is a decent example of that for us. Share price in the short term is essentially impossible to predict with any degree of certainty.

If we took a poll in here before market open on Tuesday as to what share price we would close at on Tuesday afternoon (factoring in the ANN), I would bet very few would have said 12.5 cents.

The only way I've personally found that makes me money (on paper so far) is doing a hell of a lot of research and then buying and holding. I'm up 200% on LRS this way so far. It doesn't mean that if you buy and hold any stock that you will make money, but it is a better strategy than jumping in and out based on whatever the herd is doing (IMO - not advice)

I also personally think the people selling down at these current 11 cent levels are a great example of why so many traders lose money. The smart sell (for shorter term traders) was up at 14 and 14.5 on Tuesday. Selling now IMO is like the people who were selling down at 6 cents in June - selling after the horse had already bolted.

I was buying at 6 cents in June and it paid off handsomely. Those folks who sold at 6 missed a doubling of the share price in the space of 2 short months.

All IMO DYOR not advice.

Expand

100% agree and it’s why I have stuck it out as much as it hurts watching paper profits disappear.

LRS Price at posting: 11.0¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

SS1

Sun Silver submits US$60M Silver Paste Funding Application to US DoE

Time for retail therapy buying in the shopping Scentre for hot stocks

End of FY is a time to juggle wins, losses and capital gains taxes

Eurozone-based companies find new ways to secure a regional lithium supply

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

There are more pages in this discussion • 11,126 more messages in this thread...

First 7070 Last

Add LRS (ASX) to my watchlist

(20min delay)
Last 17.5¢		Change 0.000(0.00%)		Mkt cap ! $489.8M

Open	High	Low	Value	Volume
17.5¢	18.5¢	17.5¢	$957.8K	5.382M

Buyers (Bids)

No.	Vol.	Price($)
11	479555	17.5¢

Sellers (Offers)

Price($)	Vol.	No.
18.0¢	152000	2

View Market Depth

No.	Vol.	Price($)
10	476555	0.175
42	3049910	0.170
16	1285976	0.165
18	2116812	0.160
7	549712	0.155

Price($)	Vol.	No.
0.180	152000	2
0.185	429676	14
0.190	2089546	13
0.195	1060823	14
0.200	364393	9

Last trade - 16.10pm 25/06/2024 (20 minute delay)

LRS (ASX) Chart

100% agree and it’s why I have stuck it out as much as it hurts...

Sun Silver submits US$60M Silver Paste Funding Application to US DoE

Time for retail therapy buying in the shopping Scentre for hot stocks

End of FY is a time to juggle wins, losses and capital gains taxes

Eurozone-based companies find new ways to secure a regional lithium supply

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

100% agree and it’s why I have stuck it out as much as it hurts...

Top Stories

Sun Silver submits US$60M Silver Paste Funding Application to US DoE

Time for retail therapy buying in the shopping Scentre for hot stocks

End of FY is a time to juggle wins, losses and capital gains taxes

Eurozone-based companies find new ways to secure a regional lithium supply

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News