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Bullboard - Stock Discussion Forum Afri-Can Marine Minerals Corporation V.AFA

TSXV:AFA - Post Discussion

Afri-Can Marine Minerals Corporation > Market never lies....
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Post by superstar1976 on May 11, 2011 10:55am

Market never lies....

as a good friend once told me.   For that reason i sold today at 0.08.   I am shocked at this reaction, and not going to fight market sentiment while my money sits idle for another  year.

I've put my money into TCF, which by tommorrow afternoon will have surpassed $1. I think.
Comment by pkpotential on May 11, 2011 11:00am
I think you missed the boat on TCF a while ago. You had to get in that before May 1st
Comment by pkpotential on May 11, 2011 11:04am
Also the market lies a lot and you have to take advantage of those lies. Is INT really worth $1.25 right now? No, that's a lie.
Comment by a.p3 on May 11, 2011 11:33am
[quote]as a good friend once told me.   For that reason i sold today at 0.08.I am shocked at this reaction, and not going to fight market sentimentwhile my money sits idle for another  year.I've put my money into TCF, which by tommorrow afternoon will have surpassed $1. I think.[/quote]overall market is down. -1.33%.. who would expect SP to rise against the market anyway? on a ...more  
Comment by superstar1976 on May 11, 2011 11:50am
PK, you're entitled to your opinion.  Market price is actual value based on lots of factors, included potential.  So yes, INT is worth $1.25, and TCF will be worth much more (FYI, I got in TCF at 0.34 but sold at 0.52).I think the Market is telling me that the potential of this block is not very high, although in reading the release I don't agree, I have to free up my money and ...more  
Comment by pkpotential on May 12, 2011 10:52am
Ouch man superstar you're taking a hit on TCF. I predict 30 cents by next Friday.
Comment by superstar1976 on May 12, 2011 3:57pm
nah, sold at 0.50 for a 0.03 loss and bought more SCG at 0.62 today.  The loss would have been greater here at AFA.  0.055 soon, and I'll be a buyer.  Expect a PP at 0.06 or lower.
Comment by Zetizu on May 12, 2011 5:06pm
From haussing to bashing in a few days after a positive report? Please, have some self respect.
Comment by pkpotential on May 12, 2011 5:22pm
This just goes to show that you can't even think about what people like Superstar are saying. He switched out of AFA at the worst time he could, he thought TCF would be at $1.00 today.It went down 30%. Actually this morning when I said it would be at 35 cents I was almost dead on. Good luck with SCG. I invested in that before the rise up to 25 cents, and it's not a good buy right now. Man, ...more  
Comment by superstar1976 on May 12, 2011 10:09pm
er, PK, you really have no clue.  Sorry.  I repeated I liked the news on AFA but not the market reaction, so I sold AT A PROFIT.  Why do you and others have such a hard time with that?  Also, TCF, I was wrong, but my loss there was minimal and tha was more of a gamble that the market told me would not pay off so I bailed..  If you think SCG is not a good buy right now ...more  
Comment by pkpotential on May 12, 2011 10:31pm
That's fair. I stand by my opinion on SCG. I was right about TCF mind you. I guess we'll just have to wait and see what happens.
Comment by superstar1976 on May 12, 2011 10:53pm
fair enough.
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