KZL 0.00% 12.0¢ kagara ltd

If you guys bother to look at the wider market, you will see a...

  1. 2,178 Posts.
    lightbulb Created with Sketch. 27
    If you guys bother to look at the wider market, you will see a general fall in most materials stocks, i do not see why everything has to be put down to manipulation, the drop today in the sector has been attributed to Chinese banks being told to stop lending, this in turn is seen to produce some short term weakness that could influence demand.

    Also i have gone back back as far as i can and have yet to find a chartists prediction that has turned out correct.
    I have seen predictions recently of the stock hitting 60c and also the stock will go ballistic when it surpasses a certain price, well it did breach the predicted price but it did not go ballistic, it actually fell.

    Fundamentals, fear and greed will be the only drivers of this stock, not manipulators, not flags or pennants or candles, bla bla bla bla.

    The share price will do what it does, and that is up, down and sideways but it should trend upward as the drill results, pre feasibility study and mungana float come through. Stop trying to analyse every little daily movement by blaming manipulators etc and focus on the long term outlook.

    No offence is intended in this post.
 
watchlist Created with Sketch. Add KZL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.