RE: Long term7 Dec 2017 23:56
Well said, Mindanao. No, I never regarded you as a ramper. I see you as a decent long term holder with lots of valuable information, while I have no intention to stay invested for 30+ years :))
I was referring to some of the chit chatters we've seen on this board ("ARS might find diamons and gold overnight. ARS should be valued like SOLG, buy buy buy!").
If someone got soaked in at 12p during that silly smalltraders hype, he will rarely be able to survive a 30% price crash down to eight Pence within a week of investing! It looks like one or the other stoploss has been triggered the other day. Ohh, and suddenly its all just other peoples fault (the Chinese)...
Yes, I am sure ARS will be worth a lot more in the future. Maybe even this week. But as for a monthly oriented investor this has been totally overhyped during that 9p to 12p breakout. This is all I wanted to write about. Maybe some of the newbies have read it. (Nice final 52-week sharehype after Stevens interview! Well timed, Sir!)
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"I buy and hold in a company like ASIAMET because I very simply believe that their future holds sound promise which in turn means I hope my buy prices will be a thing of the past in a few years time. Don’t construe this is in any way ramping, it is just my opinion as to what the future holds for this company and I am happy riding the peaks and troughs. It is my belief the highs will keep getting higher and the lows will keep getting higher."