Short MNS - Paragon Fund Managers, page-4

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Thaigher

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30/12/16

09:26

Post #: 21602972
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Originally posted by Matt D ↑

GSG put out a fair comment on this Thaiger if you had looked earlier instead of your 10 posts squarely on MNS, I for one think Guru makes sense

"Beware the news for it is designed to trick you.
Contrarian investors do very well simply because they do not follow the news or the media.

Lets for a second pretend AFR truly believe MNS to be a short based on "Single off take and a non binding agreement in a challenging market" If thats the critera to short wouldnt virtually every graphite explorer/ start up be a short??
Think about it, this isnt enough ammo to go short on anything???

Are AFR offering a short based on no finace/ offtakes atm so if this continues, perhaps in 3 months they can say, "See another correct call" However if a western offtake is signed in a week or a months time, they will simply change their stance and say you should now go long on MNS?

Perhaps they even have a hint of an offtake being signed early next year, so they release a short statement and buy, all the while the faithfull news readers sell as mns is now a "Short"

If their is anything thats a no brainer its that you dont believe news articles, sometimes they will be correct and sometimes they will be wrong.

Look at the BP deep water horizen event. The well was never going to be plugged, BP was going to be sent broke. Yet tons of buying was happening and the SP recovered very quickly as a week later the well was plugged. Did anyone come out and retract there sell statements or issue apologies for those that sold as a result? No.

In the nines months from all the bad news the SP went from $30 to $50. Go and google the media scare campaign coverage from around the 31st of may 2010 telling everyone to sell and look at the volumes that went through. Negative news but 6 times the weekly volumes went through.

look at the volume and the chart, not the news. JMHO DYOR,"

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Just sharing information relevant to MNS as I find it. Doesn't mean I necessarily agree with them, just part of the DYOR that you allude too...

MNS Price at posting: 75.0¢ Sentiment: None Disclosure: Held
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Short MNS - Paragon Fund Managers, page-4

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Short MNS - Paragon Fund Managers, page-4

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