TAW 0.00% 31.0¢ tawana resources nl

Who wants to have a $1 Party?, page-35

  1. 3,555 Posts.
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    Some of the 'investing' (and I use that term loosely) done on the ASX and advertised by punters on HC does defy so much logic.

    Quite often on these forums you hear of people buying into a stock and then five minutes later selling it at a loss when it goes 5 or 10% against them only to then proceed to say this stock is "dead" "finished" "lost momentum" etc etc. I am quite truly then baffled what has happened to these 'investors' original thesis when they sell at a 5-10% loss, what has changed in the company - quite often nothing but the price.

    If you are going to invest in a stock sell it only when it is fully priced or when the thesis has changed, if you're selling for any other reason pure and simple you're a speculator and you're gambling, if that is the case you're probably better off hitting the casino.

    To state the obvious:
    - TAW is a long term hold
    - A lithium stock leveraged to the lithium price
    - The growth of the EV market and;
    - MC's ability to execute a business plan and run a business.

    They are the only things an investor should be concerned with right now.
 
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Currently unlisted public company.

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