SYA Weekly Report, page-7

Hi @Alphaman

Ha ha, you caught me on the wrong foot, so I will have to give a long answer

To your question - regarding post within Sayona forum - in one way I am already doing it. If you meant, when I will write about Sayona from a FA point of view, strengths, weakness, etc, I am not sure at this stage, but maybe at some time, lets see how we go. There is a reason I have gone long, honestly its more from my area of strength as mentioned below and will point out what that is at sometime.

The reason I am leaving out the FA part is for the following reason;

• The FA part has been done very thoroughly by a lot of posters over here. The quality is great and probably nearly all information is there. I would not do justice to all the posters who have spent so much time and effort doing that, if I did a similar analysis. I know my strength and weakness, so will not venture there. If I were to write something around that, the analysis would be similar, with my opinion which could be slightly different. We all have opinions, and it would be just another one. I feel it may not add value, hence I am not venturing.

.

• Another reason is from a FA perspective Sayona is very strong footed. As you may have observed in my weekly report, I am tracking 54 Li related stocks. At any one time I may be holding at least 15 Li stocks. So the amount of time I spend looking at so many stocks, I would not be able to match someone who is predominantly into 1 stock.

.

• In general why someone is into a specific stock, there is a sense of belief that one is into a very good stock, if not the best. Although Sayona has got great potential, there is no denying the fact that there are a number of other Li stocks, both big and small, who also have great potential. I don't think there is a concept of best Li stock - if it was, everyone would just buy that. If you read through the threads of each stocks, there is a large group of people within each stock, who feel they are on the best stock.

.

• But there cannot be so many bests. So what's the reason everyone feels they are sitting on the best stock? Firstly, the potential of a stock is very difficult to quantify. There are so many ifs and buts and more importantly - hope and belief - attached by each person, that one person can think in one way, another person just the opposite way. So we have so many bests because individuals are thinking in different way of something that cannot be easily quantified. Secondly, emotion gets attached to the stocks. That emotion also plays a big role in why different people feel why they are on the best stock. Personally, the way I overcome that is by distribution across a number of stocks.

.

• Next is I try to see where I can add value. My strength is doing number crunching, studying trading patterns etc. In one way you could think of what usually chartists do, but slightly different. You may have noticed that the daily post that I did today was in Chart Thread, for the same reason. So where I see sp heading, where it can stall, where it can retreat, if it ascends how much it can potentially do, etc. I do this after looking at FA part.

.

• In my daily posts, I usually used to cover a lot about specific stock in its thread. But after May, the general market has greatly overpowered not only individual stocks, but different sectors as well. So currently I have put too much focus on where the general market is heading, eg if it crashes, there is a chance that most stocks will suffer. Some may still do well, but not super great. Hence we need market to be at least neutral if not positive to make any good and substantial gains. Hence I am concentrating now on that, and since it applies in general, I put that as common for now. That could change and I would have more stock specific info if general market changes - lets see

.

• Finally, with all FA/TA included, I honestly believe that we also need luck. Sometimes a lot of them. Few years back I had put nearly equal but good amount of money in around 10 stocks. I had done a lot of research and I had total faith in all of them. There were 4 that came out duds. 3 I just got my money back. But the other three - I got 25 bags on 1 stock (most discussed health stock), 15 bags on another (a nickel stock) and 10 bag on another. So the wins were big (similar to many who would have here and some other Li stocks). That set me up in the stock market. Honestly I would have never been able to predict that it would be these 3 and that big. I attribute a lot to luck.

So hopefully I have answered your query. All the best.