RE: Concerning21 Jan 2025 12:01
Adw ; one last comment to you before I filter you again.
Like many of MATD long term investors - in every single year that I held my shares I have been underwater for part of the year, but also I have been in profit at some point in each one of those 4 years. So where I am now is of little concern to me - especially given the time of year we are in. I'm quite used to it - so sorry if you wont get some kind of perverse emotional enjoyment from this fact.
And secondly, I acknowledge that the one thing I would change with hindsight over the 4 years is that I should have constantly paid attention to charts and price action. In fact it wasn't until late in 2024 that I started studying the charts and coming to conclusions about historical price action. So actually, my experience if anything shows that charts and technical analysis are the safest way to navigate through the volatile price action typical of microcaps. Why do you think that the real professionals do exactly that ? Technical analysis and charts are being studied in all the trading desks the world over - its a universal language of the financial world.
Oh, and maybe you can explain why in the covid year ( 2020) the price action went from 1.7p in Feb/March to 4.8p in spring/early summer of that year ? And that was with the company burning through what little cash it had, with the borders completely shut, with no activity going on, and with the company having absolutely no legal consent to access the Heron land...And with no idea as to whether they would ever be granted access. So where does your "smart " current analysis fit in with that particular price action ??