CFE 0.00% 0.2¢ cape lambert resources limited

European Lithium, page-47

  1. 5,656 Posts.
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    As I have posted. Only 1% of share price manipulation is down.

    The ones that are the real evil is the ones that ramp a price way passed anything that can be justified or reasoned at what ever stage of a company. They will tell you to your face it's cheap at what ever price as the sell to you.
    It's simple supply and demand. There are only so much shares the Dad and mum investors can absorb before supply out weighs.
    But this does not stop them selling. You have to remember that they more than likely got their shares cheap. SI's. Brokers fees etc. Shares plus free options. So they are now free carry. So they continue to dump.
    Of course anyone that is paying attention would/sure have a capital protection plan in place. They see this and get out at hopefully a minimum lose or a small profit. (The time to do that was in June. ) which adds to the ski slop.

    Go back and have a look at how many new posters to the CFE thread showed up all at once. My guess a couple for brokers and their clients. And when their brokers said sell. Oh they sold. At a good profit by the looks of the chart.

    Nothing to do with the ones who have been around HC for years that tried to warn you right from the beginning what was happening.

    It's a hard lesson and one you only want to learn once. I got mine on MEO. I could have sold at a nice profit. But these "well informed" posters had me convinced it was going higher. That it was a sure thing.
    It' just a pull back and it's super cheap at the price.

    Then later I come across a little company called NKP. Something wasn't right and I flowed my gut and got out at 77c(Nov 2010) A month later it was suspended. Undisclosed court case. I really looked into it and oh how I had my eyes opened to how this end of the market works.
    Go and have a read of the NKP thread. All the same guys all stuck on huge loses hoping beyond hope.
    It's pretty sad.

    My advise is to learn charts. You don't have to be a wizard at it. Just good enough to know support and resistance levels. All they do is flow the money. You will hate it at the beginning as everyone on the forum tells you it's just weak hand. But after a while you will see it's right more times than it's wrong. And after all that's what it's about. minimising your loses and taking profits when you can.

    You will make way more money that way than listening to the low life's that tell you it's going to 10c while they are selling to you.

    1.9c hit today as I predicted yesterday. Needs to forum a support level. Might be a trade in it. (2.1c)

    All my opinion. Do your own thing.
 
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