Jazzy, lets say i bought at 2.55 trying to pick a bottom, and sold at 2.90, thats 35c ie 8% minus CGT, GST, 2.2% brokerage, 10 days of my life watching and waiting, reading sparse posts on here, downside risk= sweet F all.
fact is traders would not be buying mid range, they try to pick bottoms and tops....SIR at 2.60-2.90 is mid range very dangerous, they would rather buy at 3.20 than 2.90 as that would be a breakout signal or buy at 2.20. thats not me thats just fact.
HAHAHA...troll you call me, how many of you SIR arrogant blue sky dreamers come onto other NI sites to diss those stocks ...dont like your own medicine????
Here kid, take your own medicine, teenagers with wet dreams, the old mama is telling you, Dennis is telling you,, theres no more SIR in SIR, theres no more 100 baggers, forget it, its FMG trading maturity now, its not me making this up, its the market defining SIR in the long term.
into a set trading pattern just like they did to FMG despite large undervaluation
SIR is not a BHP and never will be, its more like WSA and a large PAN...all comers who took on BHP in NI failed...why? infrastructure at low capex is the key, SIR infrastructure at high debt high capex...wrong plan. For me id rather buy WSA MCR POS or PAN than SIR right now at least they are producers or in POS case about to restart production at historic windarra with your COO Dennis as director and AForrest as largest holder, id rather have AF as the largest holder than Creasy...how did Cazaly go? Id rather invest in producers if NP rockets not explorers/large debt large capex builders.
Lets wait and see if the triple top can crack...not looking good. several attempts nowhere near it.