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why doesnt 1pg get in on au market?, page-9

  1. 17,052 Posts.
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    "It is doing exactly what LNG did before that one tanked. Even though that took a while to collapse like i said it would."

    Now, now, TeTeTe.

    You really should try to be more sincere with your boasting because not all readers might be as well versed with some of the true details your travails on the LNG threads.

    What you omitted to mention is that you were short the stock in the $2.50 range, claiming it was worth 30c, and then when it rose into the mid $3.00 range you covered your shorts.

    That's what is known in colloquial parlance as zigging exactly while you should have been zagging.

    (In fact, one would struggle to find evidence of anyone getting something so wrong.)


    In order to set the record straight, here's the paper trail:


    “I am still short from $2.50 and $3.15. Still looking for a next move down between $1 and $1.50.
    This is based on value metrics and charts!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

    Post #: 14683300
    Date: 02/02/2015
    Poster: TeTeTe
    LNG Price at the time of posting: $2.98


    And then, there's this little addendum, posted the very next day:

    “Considering anything over 30c is overvalued. Maybe some people are slowly waking up to the this fact. I am even more confident after today that $1 is coming. It is called the waiting game.”

    Post #: 14689634
    Date: 03/02/2015
    Poster: TeTeTe
    Price at the time of posting: $2.99


    And then, a few weeks' later, we got this bombshell:

    “I covered my shorts this morning at $4.60, based on the charts.”
    Post #: 15186966
    Date: 30/04/2015
    Poster: TeTeTe
    Price at the time of posting: $4.70


    All in all, quite a laughable sequence of events.

    Shorting at $2.50 and then covering at $4.60... I can't remember ever encountering such a tragic case of "Selling-Low and Buying-High"
 
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