Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I'd say it's a fair question. I want to top up and am wanting to get the most for my money. We are 539 days into an extremely clear downtrend so the odds of bouncing here are extremely low with no news on the horizon.
one thing i will say is that i think we all know news is coming soon and it's been a very long wait for some, it's easy to get frustrated when money is at stake. Sometimes these frustrations are clearly taken out between people on this board. Under financial stress it's easy to get *****y. Definitely been guilty of this myself. Some people here are probably just playing with some spare cash they had lying around, for others there is a lot more on the line. Outside of the financial rewards obviously we all want to see this product help people as we know it can. Hopefully we won't have to wait long.
manifesto, i see your point. However if you look at a longterm chart the trendline support has been in play pretty much to the penny since nov 20. Knowing where we are most probably going to bounce has given many people here clear signals of when to buy in. Selling above 200 then buying back in on the trendline is a pattern that could have been played numerous times. Free shares basically.
Guys, i would really suggest if there is anyone in this group that doesn't use trading view then you really should. It's free. Go there look up sng on the 5yr chart. It is sooooo painfully obvious what is going on here right now. There are two things that move SP technicals/charts and news. News invalidates technicals, no news and the charts will guide you. Nobody here ever seems to talk about technical analysis and charts ever.
A few more weeks and we will probably be at the bottom of 0.050 which is syme's all time low from july 2020. So technically we should be in a pretty solid spot where we can only go up once news lands sometime in the next few years. A 10x from there with news will put us at 0.50. Pretty nice return on a 2yr wait. Anyone one else feeling an insane amount of frustration here?
It's pretty sad that asking a question in this group is met with such hostility. Are we not all in this together? Should we not share a family spirit and all want the same thing? My third post here in 2 years and am just met with utter contempt and hostility. All i can imagine at this point is a group of sad lonely blokes sat staring at this forum with their "make america great again hats on".
This is my 3rd post here since joining in 2020. I must be the worst paid de-ramper going. If i didn't believe in the product and it's future i wouldn't be invested. The investment itself is plenty of positivity, the negativity of posts is me trying to cover myself and safeguard my investment by covering all bases and managing expectations. Asking a question on this group that is not one sided ("to the moon") should be allowed in my opinion. Obviously a lot of people on this page disagree with freedom of speech. I always thought that adult discussion formed opinions from from different angles?
I honestly despair for this world. This is like being stuck in a room full of 3yr old kids. In fact most 3yr old kids are more mature than some of you guys. I guess unless you post " this is going to the MOOOOON any second" your input is irrelevant.
Doc83, thanks for the adult response outside of the toddlers play group. A potential War is topical at the moment and suggesting that it might influence the stock market doesn't seem like de-ramping to me. It was a genuine question, so thanks for answering.
Probably the worst kick you while your down possibility for a stock market alongside worldwide recession and a global pandemic is a war. If news doesn't arrive before the possible onset of war. How low do we see this going? Or do we think covid related pharma will be un-affected? FYI, i am invested and believe this will do well eventually. Just wondering if the short term prognosis could be bad?
Out at a loss. Sinking ship. Everybody knows the one golden rule of trading. "The trend is your friend until the end" This stock has been in a clear and persistent downtrend for 480 days now. This is 100% going to it's all time low of .40, i mean it's pretty much there already. This will NEVER come good. If 480days of down isn't a clue, i'm not sure what is.