Listen to everyone/invest alone24 Apr 2021 12:48
I will listen and i will read all posts on the Alien B/b regardless of who they are or what they say and then make my i own mind up and put my money where my mouth is. Now to get to the point, there is ocassionally a post which wins me over and i find geniune, one such post was on Thursday.
I was looking at the price we opened and sentiment in the silver market. The 1p door will be closed at some point soon.
I'm actually surprised we are currently trading below the placing price of 1.1p when we are now so close to news.
Also our minimum bare bones downside valuation is 1.21p.
The company has been busy building a strong portfolio providing exposure to #ironore, #copper, #silver and #gold.
We have been stuck in a range, but the most valuable lesson I have learnt as an investor is that a range is an explosion waiting to happen. A breakout can be explosive, but just need a catalyst.
The catalyst will either be a big move in silver or the company updating the market resulting in a revaluation & rerate.
I'm patient and strapped in for whenever it happens which I know it definitely will.
The message was from Max111 and the last line won me over ( which i know it definately will )
Thursday and Friday decided to be all in and bought more, now i no more than most there is no guarantee, but this share has served me well so far and i cant see it changing in the near future.
(This is the part where LTH holders dissagree with me.) I may not be a LTH in alien fully (one third always invested and two thirds of capitol in and out) but i am going to be a long term investor in Alien and i believe it will be a prosperous journey.
Buying is easy , knowing when to sell is the key.
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