ADT 2.55% $3.82 adriatic metals plc

Updated Resource Estimate (based on current results), page-9

  1. 2,721 Posts.
    lightbulb Created with Sketch. 934
    I agree with most but the last paragraph. Thanks for the advice but in my view there's nothing wrong with not chasing. The fallacy is that if you're right once it was the right decision. Markets are unpredictable and good, even great stories are often ignored for long periods, as you show in your story about NextGen Energy. The risk of chasing is you buy at the top of a cycle, the SP retracts 50% and you wish you waited so you could buy more or you start to doubt yourself. You could be in the red for months or years, and that hurts. Your talk of a $3-5 takeover is there to stir up FOMO plain and simple.
 
watchlist Created with Sketch. Add ADT (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.