AVZ (ASX) Running discussion on SP

Originally posted by unknownshadow ↑

This is the drama going on in @cardinal1969's mind

cardinal1969
Date:
26/01/18
Time:
00:01:05
Post #:
30585184
Agree completely. AVZ will hit 50c within two weeks. Very confident about that. I honestly haven't seen a chart like this one before.

AVZ (ASX)
Price at posting: 28.5¢
Sentiment: Buy
Disclosure: Held
cardinal1969
Date:
03/02/18
Time:
21:53:06
Post #:
30800524
There could definitely be fireworks next week.

AVZ (ASX)
Price at posting: 31.0¢
Sentiment: Buy
Disclosure: Held
cardinal1969
Date:
07/02/18
Time:
18:12:10
Post #:
30899884
The people who deserve the performance bonuses are the ones pumping AVZ on Hot Copper. They are the ones doing the heavy lifting ... perhaps they are getting performance bonuses ? Anyway I have a feeling I know how this story ends.

Today was the perfect day to get out.

AVZ (ASX)
Price at posting: 26.5¢
Sentiment: Sell
Disclosure: Not Held

cardinal1969
Date:
26/03/18
Time:
12:49:03
Post #:
32030827
IMHO tomorrow will be a big day SP speaking. Just a feeling I've got.

I'm expecting the DOW to rise tonight and tomorrow will take care of itself.

Whenever there is a day of low volume at the bottom of a down cycle there's generally a big kick the next day.

AVZ (ASX)
Price at posting: 24.8¢
Sentiment: Buy
Disclosure: Held
cardinal1969
Date:
28/03/18
Time:
17:01:13
Post #:
32099374
I'll be honest. I had a huge SELL order in at 25.5c ... but pulled it. By huge I mean a lifetime of savings.
I was feeling a bit sick a few hours ago. Feeling a bit more relaxed now

AVZ (ASX)
Price at posting: 23.5¢
Sentiment: Buy
Disclosure: Held
cardinal1969
Date:
06/04/18
Time:
14:33:36
Post #:
32278852
No, AVZ are only the second share I've lost money in. I bought back in against my better judgement.

I've lived in WA for 40 years. AVZ brought all the memories flooding back. The long term price for AVZ is probably zero unless there is a takeover @ about 5c, which there probably will be. That doesn't mean money can't be made along the way but when you have "the biggest lithium deposit on the planet" every outstanding drill announcement only confirms what is baked into the price.

The price of the next CR will be crucial. If it's @15c the writing is on the wall.

Selling out has left me with the feeling that I have left a cult. When you leave, no matter how politely, the existing members come after you to send a message to the others.

AVZ (ASX)
Price at posting: 22.5¢
Sentiment: Sell
Disclosure: Not Held

1) First he thought share price was going to hit 50 cents. (26 Jan)
2) He was certain there were going to be fireworks. (3 Feb)
3) He no longer believed in the story (7 Feb)
4) He is back in and believe in AVZ once again (26 March)
5) He felt sick during the trading halt - who wouldn't when they've invested their 'life savings'. No idea why but he felt better mid way through. (28 March)
6) He's out again and reckons the long term price is zero but take over is 5c? Hang on a minute. Why will the take over be at 5c (from who?) if the longer term price is zero? Logic!! (6 April)

That was a roller coaster ride of emotions. In all seriousness, let's give him a break. He almost lost his entire life savings. But we'll be seeing him again with a 'Held' disclosure.. For sure!!

Expand

Thanks @cardinal1969 for your concern. Not sure if we can trust any of your words though. Too much inconsistencies throughout your postings in AVZ.

You sound like a very bitter trader who has lost money here. All the best in your future endeavors. Maybe stick to your full time job or invest your retirement money into government bonds.
cardinal1969
Date:
06/04/18
Time:
18:45:40
Post #:
32283793
I won't go into the strategy but buying AVZ was an outlier. The killer for me was that I sold SLR to buy AVZ this time round. SLR have gone from 36 to 45 in the past few days (the days AVZ was in Suspension).

I thought AVZ had the potential to go from 35-36c which I paid, to 39c with some sort of announcement pre-Easter. Even this morning I thought, like others, that AVZ would go to 39c and should have pulled the trigger @35.5 which was the price I originally had planned to sell at.

I might have got lucky having 11 wins - one break even and one loss (this one) this year. That probably lulled me into a false sense of security.
cardinal1969
Date:
06/04/18
Time:
13:39:33
Post #:
32276908
I've been in and out of AVZ three times. Overall I've booked a loss. I was holding until Easter but when that passed with the shares in a TH/Suspension I didn't think there was much to look forward to.

I honestly thought the shares would reach 30c today.
cardinal1969
Date:
08/04/18
Time:
20:01:43
Post #:
32304697
You've dropped into one weird chat room with this one Trev. The people here don't even act like share holders. They act like people who have been paid or people who have been promised remuneration if the share price holds up. They want to draw in suckers who have no knowledge of history.

I've been in and out of this share a few times. Made money three times and lost once.

If I was an honest AVZ holder I would want to hear and encourage bullish comments AND bearish comments. Then I could make accurate decisions. On here, all the comments are bullish and are liked. Any negative comment is portrayed as down ramping with the suggestion that the people making them are actually bulls trying to get in at a lower price.

I for one think the long term share price for AVZ is way lower than it is now. If the ribbon cutting ceremony for the opening of the great AVZ Lithium mine is say 5 years away, how many CR's will have been organised in the mean time.

This is a cult. Every seller is referred to a a "weak hand" etc. Every ramper is treated like an all-conquering hero.

People trying to issue warnings are harshly treated. If this company is built on fundamentals then Hot Copper is insignificant in the overall scheme of things. I suggest that Hot Copper is very much integral to maintaining the massive valuation this company enjoys.