RE:Some perspective from a first time posterPvtInv01 wrote:
What investors should not be concerning themselves with...
- Daily trading (who cares)
Very informative first post. Thank you and welcome to the Largo board.
I’m sure you are a savvy investor but you don’t need to be a sharp investor to know that we should not care about the daily fluctuations especially when most of us here are “long”. Stock prices of any moment should reflect the supply and demand in the market of that specific moment. And in the long term the company’s fundamentals should have a major impact on the sp. The problem with LGO is that the stock is not liquid thus giving manipulators / shortsellers (Anonymous et al) the opportunity to exercise total control on the daily trading activities and to make the stock look more bearish that it really is, which, imho, is one of the reasons for LGO to be so unjustly undervalued. I, for one, expose the daily manipulating actions of “Anon et al” out of frustration more than due to the stupidity of wasting my own time. I do believe in the long term future of Largo but I’m also very much frustrated by its undervaluation and slow recovery and even more p*ssed by the manipulative trading activities that dictate the daily price fluctuations. A waste of time? So be it.