The wizard of OZ. What is the shadow projection and what is truth behind the curtain .
I am a conspiracy theorist by nature .
So many stocks manipulation to the benefit of the inside crews .
The asx game in general imo is run by those with the deeper pockets to fleece the smaller pockets and emotively driven retail holder .
Anything that has some merit and belief can go up. Anything can be rationalised as why it’s going up or going down .
Did we not see corporate buggery of WGX try to steal 1/3 of our company ?
Why ? Merit . You don’t try to steal dog Shite
I try to identify stocks that not only have merit but that point of difference that when allowed to run, can point to the better probability of the destination. Best view all Bridges over ravines intact .
There are so many ravines and fatal flaws why 95% of ASX specs are just shuffling the decks and polishing the silverware at shareholders expense .
Yet all of these still play the game - because their shareholders have been capital trapped and or believe in some illusion .
What is TONs point of difference that place it with better probability of being the ASX minority’s success trains ?
- graphite friendly jurisdiction
- infrastructure/ location to port
- large debt funding that won’t destroy shareholders value
- commodity with growth flame retardants - and quality purity , hence offtakes in hand
- Vanadium Nicanda hill free ride as minority partner
Every presentation is an illusion and promise of what could be. It’s up to individuals to weight how much credibility each point of difference to success has.
When ASX are up to their waste with poor bearish market sentiment - to hold with a belief that skies will clear , stocks with a clear pathway to greater value recognition will have a chance of standing on their feet and breathing fresh air .
Those that can actually deliver a development will cut through the haze of deception.
(Many Tanzania or others will still present great projects - “look at me - look at me “ but how are you going to get off paper and into reality?)
Everything is a bet, a gamble of one sort or another. Understanding the bet is critical . Or you can lose sight of the metric you measure progress or bull shite with .
There are always going to be posters who interpret the worst odds in a skewed way and those with rose coloured glasses who see only the sunshine .
It’s never as simple as what is Presented.
Good management are ducks that peddle hard underwater , but give good accounting of where they are .
My mantra - is cautionary . I appy it to all stocks like jam on bread , then try to pick out the few who straight shooting .
Traders understand that even stocks who can’t cross the finish line will still rise and fall - as long as there are speculative gamblers willing to ignore the bridge too far away to consider . And that is ok too as long as the bet is understood not to be a finisher , but a speculative rebalance to other peers in the same swamp .
TON Price at posting:
4.4¢ Sentiment: Buy Disclosure: Held
(20min delay)
