AKK 0.00% 0.3¢ austin exploration limited

AKK - why the share is heading up, page-45

  1. 1,528 Posts.
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    First I said 200%+ ....that is not 200% only.... sometimes I hit up to the 300's - but calculsting profitability from share market changes is difficult when the market is not going to return year in year out. Calculating mean isn't simple also when your averages are going up month on month.

    Adding to this - I generally use a specific methodology for day trades utilising the elements explained and pulling out at the 5% area. However - I adapt this when I see something a little bit special and im happy to allow it to run for longer (SGH example given below). Despite this im not going to sit in a trade for months upon months whilst it is languishing- it's not my thing - If I need to exit I will.

    Second - you think your down ramp methodology is any better? Stop being hippocritical.

    Third - looking forward optimistically based on multiple sources of evidence is better than constantly looking back and whinging at prior FA's - I'm not up ramping you guys are simply pessimists who fail to act on opportunities.

    Point in case - I entered SGH at 23c when mood was horrifically down. Of course SGH had/has issues but all the pessimistic FA douches failed to see it would go back up and did not enter. I then exited at 46c with a 100% gain with only a few weeks effort. Now there were many FA only tools who shat on my entry point in SGH saying I was doomed (just as you are doing with AKK now) but I knew SGH had: building technicals, and fundamentals that were pointing to bank support, and an impending announcement that was likely to support this. This was bolstered by a lot of interest in the business.

    AKK is likely to do something similar (but to a lesser extent due to its small size and low liquidity). Although I may have to wait a couple more weeks - more than I usually like - I am comfortable with this.

    Finally you make a truly subjective and biased statement showing an FA bias by saying you know AKK's true position. No you don't know AKK's true position and you absolutely fail to recognise how to jump on a short term opportunity when it exists. You're restrained by your FA ideology that only allows you to enter a trade and go long when you believe everything is going perfect for a company. If it is struggling due to macro or other events you sqwark from the sideline saying how it is a terrible company and announcing impending doom. Accordingly, you miss out on the gains available during its SP reversal.

    I never said I only went long using FA.
    I never said go long term with AKK

    You assumed this because that is all you know how to do.

    Stop sqwarking from the sideline with pessimism because you may want to stay blind in the school of high functioning FA children - but there's more than one way to profit.
 
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