RE:Statement of Personal NatureARGONAUTGOLD wrote: he stock price is nearing historic lows and it appears that the current sentiment, reflects the tendencies of the community that tends to buy at high prices and sell at low ones. I don’t mean to offend, but it seems that a small group of investors are facing this reality. Consequently, they voice their speculations on these forums, shaping a narrative that justifies their poor decision. It’s likely that they’re trying to turn their failures into a form of successes. For instance, if someone bought at the peak price around $4, they’ve probably realized by now that it wasn’t a wise move. So, they resort to criticizing the company online, for which they’re now left holding the bag, as a way to cope with their situation. This action gives the decision-maker a sense of false success, as the market continues to decline.
Having said that, I’m simply a young adult from Winnipeg, with expertise in computer science and experience in building gold mines. Some of you might know me more personally, as we’ve had discussions outside of these forums. My situation is quite straightforward. I’m wagering on the market price of Argonaut Gold surpassing its fair value. Regardless of whether the news release in March triggers a push towards fair value, I’ve always understood that a high stock price is contingent on positive cash flow, something the company may not see until the 2nd half of 2024. I’m here for the same reason you are, nothing more. I primarily post my analyses to receive constructive criticism to help me grow as an investor, as I’ve encountered many intelligent individuals on these forums who have shared invaluable information.
Lastly, I strongly believe that sentiment significantly impacts stock prices. I’ll emphasize this again, disseminating fear, uncertainty, and doubt (FUD) about the stock you’re invested in can potentially lead to a decline in its price, which isn’t advantageous for you.
You talk a good game but then your last paragraph reveals the truth. You seem to actually believe that messages on these boards is what drives a stocks shareprice. In the short term it may make a few sell or buy but with a company like AR with a billion shares out that will not make a huge differance.
You seem to have a need to endlessly argue with bashers and refute there claims. Why is that? For someone so high on this companies prospects you seem very insecure.
Everyone can have an opinion and only time will tell who is right. I am very long AR and see a lot of potential here but i have also been wrong many times. Its good to listen to other points of view. Of course some of the repetitive bashers we have here are another story and best to ignore.
In the long run the companies performance and profits will tell the true tale and result in the shareprice rising or falling no matter what pumpers or basher on Stockhouse say.
Over the last few years AR has been a disaster and thats why the shareprice is where its at.
The market wants proof things have turned around. With Magino humming along at full speed and with the other assets producing nicely i am betting that shareholders here will be very happy in time.
Good luck to all.