ATN ashburton minerals limited

snap back to reality...

  1. 1,254 Posts.
    Guys let me give you some advice for everyone to dwell over.

    I have some information or steps to follow with phil crabb stocks, i worked at a broking firm where phil crabb used to phone and has made people quite a lot of money as the saying goes, you scratch my back i'll scratch yours. This is only to evident with these juniors now these are the rules:

    1) Phill Crabb leaks information this is known, so if a stock is running with no real announcement of course he is pumping up the stock! im sure we can figure this one out.

    2) The market may not initially know what the announcement will be but he would not put people like my old boss onto a stock if the information was going to lose him money! this is stupid. then why would people listen to him?

    3) BE CAREFUL, although we might sit here and go well look at ROY, i was in the office when he was on the phone and we all bought ROY at the bottom around 12.5 - 13cents, i was stupid and sold at 18.5 thinking i could buy back lower but what do you know that day reached 23 or something then only upwards from there to 42+cents or something ridiculous and announcement doing a rights issue...if only i had held.

    4) Now not a phill crabb tip from someone who might have known something on PDY, bought at 2.8 and sold out at 3.4 could have kept riding it but i did not know what the announcement would be, hell and look at her, from 4+ straight back down to what i paid. Easy come easy go espicailly if you bought in later just before the announcement...be very careful remember the rule: BUY THE RUMOR SELL THE NEWS

    5) i was not here today as was at uni and missed the boat on this stock, it does look very bullish and there were some big orders going through this afternoon, I think you will be able to trade and make some good money on it but be careful if you are looking to hold as you never know, maybe it comes back negative and the share price will tumble, but like i said if this was the case why would he tell everyone? ... like someone else said its the thought process or psycology of the market...

    maybe i will have to ring up my old office and see whats been happening down there and what they know... if this baby opens at 10c - 11c i will be getting me some for a trade but i dont think i will be holding until there is an announcement, maybe if there is and it is good i will buy back but id rather be holding my money than risking it after seeing many examples such as PDY.

    Still Crabb is a good guy if you know he is full of leaks...
 
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