Rickyclean as confusing as ever...Ricky, your comments must be placed within the context of THIS situation. You continue to argue with people who have taken positions, and at this moment are seeing the stock of HRG increase in price, while you print long explanations about general sorts of rules, some of which have very limited application here.IMO In any case you have not been correct of late, and this of course is short term stuff, which ironically is what you look at, because you are using TA to trade in and out. So wrong of late, as HRG has increased over last short while, and enough for some to trade on, if they so choose.
Now lets examine your comments, where you mix the fear and greed argument with current HRG situation.
Will HRG follow the spot price of gold? All things being equal at this point, my opinion now is definitely yes, but with the occasional divergence of course, either up OR down. However, with current new management, in place, aware, and much better able to MANAGE this, IMO, it is just a matter of time, where the gold price will be VERY directly related to share price moves. As well, the effects of their management (cost controls, smart purchasing, efficiency etc) will have a bias upward, even if the price of gold stays in a tight range. This is really NOT about a gold price rally at this price range, it is about undervaluation of current assets, where just managing them should, IMO, improve the cap of this company. If the price of gold moves up, obviously this will impact that valuation. Some other assets held, such as shares, will/are appreciating as well, and are DIRECTLY related to the price of gold.IMO
So forget the emotions, the fact say, now gold price will impact the price of HRG shares.imo
Is that a 100% guarantee? Of course not. Its like your TA to date. An opinion, but with some actual facts related to it.
If you are not invested now you will miss the train argument. Time will tell. You do not seem to know when to get on or off the train, as I see it. If so you would post, as often requested, clear instructions. In fairness you say now you have been out, so you have missed this last trade, where the stock has moved what is it? About 40% UP.
Not sure what you call missing the train, but if you are short term, what are you looking for, as YOU seem to trade for a penny or two, and here we have had, by your past it seems, one of the bigger moves in terms of those penny moves. While some of us are looking for potential of much more, so are positioned large. Which by the way, we COULD NOT DO, on a day to day basis, because we could not buy those shares or sell them all without that in itself causing gyrations. So I for one, am looking for real, sustained appreciation. So not sure about missing the train Ricky, as it is just a matter of owning it if you think it is going up, but of course, I would rather have bought a million under .10 than the same over .13 for example. It is just reality my friend, that is a 30% difference. Can folks get on the train now, later? Of course, but when is ALWAYS the question. So you let us know when, OK!
But Ricky, DO NOT miss the train! LOL
Stay long: yes Ricky. Some of us think now is the time, and even better a bit ago. WHY? We have told you. Value looks very good. Appreciation looks highly likely, and NOBODY KNOWS WHEN that might assert. So being positioned, seems like a great speculation. Looking back on this or MOST ANY stock over last year, is a WASTE of time now. It is all about where it goes from here, not where it was, has been, could have been, should have been, which if you or most had seen, and ACTUALLY did something, would have left you sitting in a very good position.
So the point is this RIcky. You are out. Maybe you get an opportunity, or decide to buy here later, or not. Who cares? What matters to folks like me, is, have we now got it right LONGER TERM, or not? I do not see you answering that to date, and actually you do not seem to have it right even short term now. This has been my point previously. It is a flip of the coin with folks like you. I hope you get it right, it does not bother me either way. But to post as though you actually can predict short term what is going to happen here, appears to be complete nonsense.
Fact is: now you are out. You have been for a bit, according to your own statements. Fact is, HRG is moving up in this short term. Does it retrace, does it spike up, is there news that gaps the price up, does the gold price go up, does it go down etc etc. I do not think you have a clue, not with or without all those charts, as to what happens next.
I think longer term this moves up: for REASONS outlined many time, by many people on this board. Thus I and some others invest accordingly. Do we panic if it goes up or down a bit on any given day? NO Do we expect it to increase over time, SUBSTANTIALLY? YES. Could we be wrong? YES Could we be right? YES
ODDS: slants more toward increase in price than decrease, BECAUSE the FACTS point to undervaluation. It does not get more basic than this, in a risk reward scenario. But you wait: buy your little block of shares, and try and trade it for a penny or two. Hope it works out. I will just sit on my large block and win or lose over the next year or two. Interesting to see how it works out.
My guess: holders win, traders break even, or make a little, if they are biased toward the bullish side in this situation.