OTCQX:FSXLF - Post by User
Post by
studpuppyon Oct 27, 2020 1:36pm
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Post# 31789236
We've been had!!!
We've been had!!!Well guys stock market is like gambling ...and we've been had, beautifully orchestraded classic pump and dump !!! Bravo to the MM's (market makers)
Since the high of $5.17 in the end of july... free falling, someone mentioned that in october 4 positive news releases (true) with permits ...also someone mentioned that getting permits in Australia are very hard these days and yet FSX got them ...correct me if im wrong anyone saw any bad news recently either than meeting pushed to nov?
Gold price steady at $1900/oz USD but for now since not producing kind of irrelevant...
No market crash ...No negative news...
And yet sp goes down almost ...almost 30% in 6 trading days on no bad news...
Guys it won't get any better, US elections are next week , and if it will be too close to call on that night , next day markets well take a guess....
Tax loss season coming up ... since the 50DMA is $3.22 well most of us are in the red right now...
Again insiders win and little guys with their TFSA or RRSP accounts get hammered ...
We got blinded by the free shares loll ...even with the free shares and our initial investments we will be in the red.
I got no one to blame but myself , i didn't do my DD correctly , some of you have been averaging down since $4--$3----now $2 there's so much avg down you could do .
Yes granted someone posted his timeline is 5yrs ...wow i respect your choices, but 5yrs so much better plays out there then FSX if you want to wait 5yrs.
Also guys stop comparing FSX to Kirkland not the same at all .....
If this pops anytime soon , ill be the first one to come here and post i was wayyyy off, and wrong , and im really hoping for that, because i only sold half of my holdings (at a loss) ...still got some at even bigger losses and no avg down for me with this play.
Sorry for the long rant ,very dissapointed the way this has played out so far, and i really do hope for the sake of all of us this turns around quickly.
regards stud