SIR 0.00% $2.52 sirius resources nl

It's pretty obvious to me.Nothing goes up in a straight line. So...

  1. 24,765 Posts.
    It's pretty obvious to me.

    Nothing goes up in a straight line.

    So no matter how good the exploration news any company releases there will always be sharp sell offs imo.

    In my opinion there is plenty of blue sky in the SIR share price which of course makes it also susceptible to disappointing the market should these high expectations not be met in the future.

    However while there is more money that is buying than selling - including money following money and not wanting to miss out - and the belief is that SIR will prove up something absolutely massive then it follows that sharp sell offs may provide buying opportunities imo though in a sharp sell off it is possible to buy and find the stock still corrrects a lot further than expected before resuming its uptrend imo.

    The trick is to know when a sharp sell off is more than just a correction in an uptrend imo.

    Please note:
    This is my opinion. Not investment advice.
 
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