ADY 0.00% 0.7¢ admiralty resources nl.

nothing new report released, page-7

  1. 2ic
    5,923 Posts.
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    Core plus trading the only way with a great value stock like this one.

    The exact tops and bottoms are harder to pick than a broken nose. The are lots of momentum traders that burn through their capital buying on the way up only to sell when it turns out to be a fasle run on the way down. This is ESPECIALLY TRUE when dealing with a stock you truely believe in. The fear of missing the boat sucks you into buying exactly when you shouldn't then disappointment and impatience makes you sell lower.

    Find a stock you love medium term and hold on to a core for the ride because you never know when the runs for real, and as time ticks by it's surely closer. Buy trading stock when impatience sets in and nothings happened for a while and price drops (cause very few people have patience in this market). Sell trading stock when the next announcement says this is the real thing even though 4 outa 5 times it's not.

    The longer nothing has happened the closer the next announcement is by definition. It's such a simple equation you've just got to go with flow and buy on the way down and sell on the way up. It's the first lesson you learn but the hardest to master against natural instinct.

    Anyway, it's the vibes in the report thats got me chuffed. Lithium is the main game and blue sky thats gonna run this stock over the next few years. Everywhere I read how goverments are bringing in new emission targets, reducing reliance on oil and planning new LITHIUM POLYMER battery electric cars. They won't be in full production by the time Rincon star is producing but thats also part of the beauty. Whether these cars are commercially successful or not the perception is that a sh..t load of lithium will be required in a hurry and ADY will be making a sh..t load of money. Risk free for us.

    All investors are forward looking. Some time before 2009 full year Lithium prodcution and profit people will pile in to ADY. It's a game of cat and mouse at the moment. When so much money can be made in a hot market in lotsa shares why have money stagnate for months or years in ADY? Opportunity cost is a killer.

    At some point a major buyer will break and pile in to get set before someone beats him, then they'll all pile in. The Reward vs Time vs Risk ratios will be compelling and then momentum will drag all the late comers in as the great story gets good press and momentum generates its own buying. This is the only reason shares ever go for these little runs in the first place.... the true beleivers think this is it and get on board before the train leaves for good.

    Anyway, great story and great stock at anywhere near these prices. Good luck.

 
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