Stop the BS and get your fact straight- PART 2 – Whining and I’ll begin with this famous quote : ‘’ The tendency to whine and complain can be considered the surest symptom of little souls and lower intelligences.’’ Lord Jeffrey of Amherst
- Stop whining and complaining it’s the stock market: if you are not happy be a big boy and sell your stock. Why will a normal human whip/flog himself everyday about a stock? WHY? Do yourself a fever and sell the stock and buy something else instead of whining. Anyway, your attitude, your posts, don’t help your cause.
- Many times you could have had the opportunity to sell but you did not and now you are pissed at yourself… you have 2 choices: A- Average down and own your decision B- sell it and move on and buy any other cr*p you want.
Some posted they are down on the position. Ok, that sucks! But how much? -10%... -50%.... -75%...? if you are an investor you need to make savvy decision, don’t you agree? You want to recoup your loss on paper, you hope or think the stock might/will go up again, why don’t you buy more at a lower price point? Because when the stock recovers to your initial breakeven point you are therefore making money. If not, you should just sell the position.
Finally, let’s look at hard numbers ( THIS IS THE FACT PART OF THIS POST:
- Since the Stock started to trade again last year ( August 31 2020):
- TOTAL VOLUME: 103,070,374 shares
- VWAP: 0,08$
- THIS IS CALLED MASSIVE ACCUMULATION
- The year before the HALT, from January 25 2018 to January 25 2019:
- TOTAL VOLUME: 21,464,236
- VWAP: 0,062$
CONCLUSION massive accumulation with a rotation of shareholders at the lowest price point.
TOMAGOLD VERSUS OTHER PEERS in the AREA of INTEREST:
VANSTAR current price: 0,475$
Last 12 month volume: 56,421,884 shares
VWAP: 1,00$
High of the year: 1,75$
Low of the year:
They have a massive JV with IAMGOLD of 3,2 millions ounces
CONCLUSION: stock is in the dump
GENESIS METALS CORP current stock price: 0,16$
Last 12 month Volume: 50,509,479
VWAP: 0,228$
High of the year: 0,33$
Low of the year: 0,15$
The have the Chevrier deposit next to us to the NORTH EAST
CONCLUSION: stock is in the dump
DORE COPPER MINING current stock price: 0,79$
Last 12 month Volume: 29,260,946
VWAP: 0,888$
High of the year: 1,28$
Low of the year: 0,57$
Big copper player in Chibougamau
CONCLUSION: stock is not so bad, but anybody who came into the financing at the listing is down, that was in JANUARY 2020.
And the list goes on and on and on. Tomagold is no different than other stocks right now, the market is very soft, no liquidity… depth is very shallow.
CONCLUSION: STOP WHINING either sell your stock or get involved positively! Obalski is a great asset and we have a very good balance sheet!