TSXV:AAA.P - Post by User
Comment by
Tuco110on Nov 22, 2013 12:02am
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Post# 21930147
RE:RE:RE:RE:So much for the professionals
RE:RE:RE:RE:So much for the professionals
This rant is eerily similar to Oceans ramblings after a couple glasses of wine. Have a nice dinner did we?
I'm not a TA guy, and I think of charts as only telling where you have been, not where you're going. Yeah the charts are similar, but they tell the story of the entire commodities sector. You've said it yourself over and over, sentiment. Sentiment can override fundamentals for a period of time but not in the long run. The fundamentals are weak in the commodities right now, to go along with the sentiment, but there are individual companies whose fundamentals are very compelling in regards to creating value. KRN is one, AAA is another, however I feel KRNs' timeline is further out than AAAs'. I think the financing, if done prudently, will unlock some of the real value in AAA through eliminating the final major hurdle of doubt and risk.
Isn't that why you keep taking positions in AAA? To catch the right wave of sentiment, kind of like surfing, only with money.
Anyway, have another glass and have a good sleep.