AYN 0.00% 0.1¢ alcyone resources ltd

need for some reality

  1. 5,314 Posts.
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    First time poster for this stock, active on others on HC, been happy to watch AYN do its own thing but just lately some concerns emerging.

    I like AYN fundamentals but it aint the next BHP folks, just some good grades and supply and a buoyant world silver price with some other promising prospects.

    But lately after some good rises I read holders talking about multi $ per share values, expectation of multi cent per day increases and crazy silver prices based on some Youtube clip- starting to worry me more than a bit- more than 30 years in the market leads me to believe that many of these end in tears..

    Even allowing for some hype and optimism I think holders should settle down a bit- it isnt going to rise exponentially and a lot of folks sitting of great profits will be tempted to take some profits and let the rest run for free- although many may wait for capital gains early next tax year.

    And no I am downramping in the hope of buying more- got more than enough to keep me happy but just worried to read some of the sentiment being expressed- anyway back to my usual threads

    good luck to all holders.
 
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Currently unlisted public company.

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