@insected made some very clear points
those comments revolve around the following points that everyone seems to think they are immune from and if you hold anything in the market at any time- particularly now - you are not immune from those prevailing conditions
To attribute blame to a poster because you don't like it is pretty petty - it happened to me here as well and I am extremely bullish on this company long term and always have been - doesn't mean my comments should be construed as negative....nor insecteds' for the very same reason
free and open forum - if you don't like it fine - move on to the next post don't attack someone who has continually assisted and posted guidance and opinion to help the investment case over many years - you show a lack of credibility when you do it
by that reasoning you should also attack the 'banner' wavers - just to make the point - cos sure as shit there is no reason to wave a banner atm
there will be when these guys lock these deals in - till then be patient perhaps
( posters who blow in and don't hold to stir shyte up - well if you want to argue with em you look as foolish as they do and you choke the thread with more crap)
what were those points i'm talking about?
guys and girls Bond yields are going through the roof - wednesday the US treasury 30yr yield hit 5% for the first time since 2007
The 10yr treasury yield hit 4.9% ...first time in 16yrs - not good indicators for those paying attention
what does this mean:
'The spike in borrowing costs has been rattling investors and sending stocks lower. Higher yields make it more expensive for companies and households to borrow money. Those tighter financial conditions will weigh on company earnings and economic growth.Bonds have been falling since the Federal Reserve decided last month to keep interest rates steady but predicted that interest rates would stay higher than previously thought.'
the point being made is the SP may well go lower for those reasons ....pretty simple to understand and the evidence is in the financial sector - if you want to stick your head in the sand and ignore that very basic fact ok....
and guess what as far as retail in equities is concerned
Oz is following the same path - crazy stuff BUT the 'new market normal'
Hedge funds holding the highest % of shorts in the market ....a 10 yr high in fact
Of course they are markets are for making money .....you have to be fully aware of the above to know what is occurring and to understand Weebit and CH/DP have no control over this .....nor should they - their job is to build value into the company and progress its development
and they are doing a stellar job - this has nothing to do with the market - where we are all holding
make your judgement about why you hold and act accordingly - don't throw your 'blame' narrative against posters who continually contribute quality stuff whether you agree or not
i have posted what is in the market now and what we all see occurring - there is plenty of evidence
blame CH - ridiculous - some do
blame short contracts - ridiculous- some do
blame other posters - ridiculous ....just plain mean spirited
something to think about - great weekend to all
great deals on the way
(20min delay)