RE: I thought fertilizer should be a good investment31 Aug 2022 12:27
Turning into a tougher share to be involved with these days.. especially for those who bought in the 10 to 15p range in the first place.. and plenty did...
(I bought decently lower, fortunately... as indeed did chique for eg .. and so easier for me/him to stay patient, granted.. less so for some, understandably )
PS: That charting guy -shouldhavedone - has gone quiet I see... Fair play for him making the effort and posting his interpretation here but charting for AIM is broadly folly imho.. and charting generally is questionable too imho.. not least as charters usually hedge their predictions a lot generally, and then will wriggle every which ways when things going against their general predictions too... towards trying to defend the merits of charting as much as their own credibility, i'd guess and in fairness..
There was a poster called Geng who I thought was ok to decent - more than good- value add from his charting for a while, but over time he wasn't actually.. and it was never his - interpretation of the charts- fault.. and he wriggled every which ways so as to never admitting to being wrong.. the key pattern/or duration has now changed.. again and again.. etc
(Conceptually, I don't get how charting can add real value in this game, as there are all sorts of patterns/signals that may or may not be something one charter hangs their hat on versus the next not.. etc.. ie by definition it has to be very subjective.. and does that not undermine its key value add, that if enough people believe the same signal it becomes self fulfilling.. and there's all sorts of 'ahh buts' ...eg it's this pattern that has now taken hold when it was another one ..etc.... so where does that get you in terms of making money, I always wonder.. Generally, I see less and and less charters on LSE AIM B/boards these days - and I look at A LOT of LSE AIM boards, in fairness - and that speaks for itself, perhaps)