SYR 1.90% 51.5¢ syrah resources limited

I shouldn't laugh but had a take profit level of $6 on my...

  1. 608 Posts.
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    I shouldn't laugh but had a take profit level of $6 on my initial holding. Of all things was overseas on holiday when it got there and hadn't set any orders so didn't do anything. No probs. Will just wait. Nec minute, 3 or 4 cap raises later, siting on 6 figure loss and s/p sub $0.50. Fair to say it has been a long haul.
    Big lesson, don't know if you remember, poster called Cartex went on and on about how graphite was different to other metal commodities and it took years to qualify the product and we were far too bullish far too early and the gold was in spherical and that was nothing more than a dream. Got shot down. Lesson 1.01, might not like it but don't discount it until you can prove otherwise.
    Everybody has an opinion. Retail investors are mostly at a disadvantage. 20 yrs as a portfolio manager I promise this is true!
    We are trying to offer a balanced opinion based on what we have learned over many years.
    If you don't like it, by all means put us on ignore.
    We are just trying as a quorum to turn a disadvantage into a slightly fairer playing field.
 
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