100%. There were those telling and encouraging others just this morning that the ticker would experience a 40% gain again today. I mean how wrong can you actually get it that wrong.
And again that's why I love it when an wildly ' oscillating ' SP weeds out those wannabe investors trying to make a living out of pure momentum and ZERO knowledge about the stock. And then when things go the other way , they blame it on the ' System ' and the Bot's or Algo's or whatever instead of digging a little deeper into their investment play in the first place.
And I know this sounds harsh .....but lets just assume a scenario to illustrate this as an example of why comments like that and other outright ' ramping ' can be a danger to those using social media as reference guides to their investment strategies.
O.K ...so lets assume the DFS comes in next week. There are those today that are suggesting off the back of absolutely ZERO research or analysis submitted that the SP will climb to 50 cents and beyond. However , what if it bolts back up on a rush of heavy volumes to high 30.'s .....hovers around 38.0 and 39.0 cents because that's where it virtually failed today .....only to finally crack the 40.0 on the same day peaking at 41.5 - 42.0 cents only to then fall back below the 40.0 cents.
In this scenario , there will no doubt be those that ' Chase ' the price and Buy in at 40.0 cent thinking that this must go higher off the back of the DFS landing.
But you have to read and digest , compare and analyse the DFS in the first place right ? And so does the Market. Even though the Market would have been doing what I and others have been doing ahead of its release to the Market.
So what I'm saying is that if you've done you homework correctly , you would realise that perhaps 40.0 cents might be as good as it gets until Moblan increased JORC is released or aggregate funding for Carbonate conversion strategies as well as Quebec Government funding comes in potentially weeks and weeks later.
We don't know how quick they are going to be in releasing any favorable core assays from the Lab's in Quebec. Will they do it progressively given the size of the Drill campaign , or will it be done all at once due the Weather conditions for commenting on visuals or indeed given the remoteness of Moblan relative to the location of the Labs.
However if history is any indication of their ( the BOD's ) expediency in getting drill results to the Market , we could actually be waiting until late May or early June before we even know.
So the delays or general expectations by investors and the Market are NOT always aligned with the POW or in sync with one another , and consequently can create unreasonable expectations which result a perception of ' under performance ' or inadequacy for those more desperate investors who have joined later in this emerging investment story.
So these are just some issues new investors need to get their heads around when making or staging their original Buy-in entry positions.
But I agree that staying positive if you end up being the one Buying in at the peak is definitely a ' Start ' in realizing how to better attack your research and investing strategies......so long as your ' Positivity ' doesn't mean you hide your head in the sand in not trying to understand further whats going on.
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