That makes a lot of sense Surfguy That said i hope we never...

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Overboard888

177 Posts.

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03/11/17

13:18

Post #: 28474965
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Originally posted by Surfguy ↑

A better indicator would be the amount of posts on HC. Especially one word or one line posts that offer no value. Atm ISX is frequented by mostly well researched or forward thinking posters who see a very present need for ISX in a highly regulated and fast paced financial environment.
Pressure is definitely building in the SP as interest grows but proof of revenue and more probably a mega deal has the SP trapped below resistance.
When you have 18 shares in your watchlist and 90% of posts are from one share you will probably want to sell most of your holdings as it is a sure sign that the herd of the unthinking has arrived and the party has all but ended.
This happens all the time and if you look for it it can save you a lot of money.
Triton Resources was a recent one and for the last 2 weeks MUS posts had to be seen to be believed. I actually had whole pages of just MUS. I thought right then it was all going to end in tears. Took them off the watchlist 3 days ago.
This sort of action for ISX is a long way off IMO so bottom draw them. A posting frenzy will be the first indication of when to fold them.

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That makes a lot of sense Surfguy

That said i hope we never become a hot copper darling. A nice grind higher as revenues build will suffice.
I firmly believe the hockey stick affect will kick in over the coming quarters and this will be a huge story in 2018. Completely underowned other than by those that have done the work and see the opportunity. That goes for retail and instos as i have a very good idea of whom owns it.

I believe there has been one seller about who was there from very early - his timing is annoying as without him we would have been low 20's given pricing and demand for the placement - that said i believe it is done or close and we should grind from here.

Very close to a breakout. Good luck to all.

ISX Price at posting: 20.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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