Post by
68Charger1 on Mar 04, 2024 3:32pm
FDR and the busy day: on-the-fly colour commentary
Glad you jumped on that pull-back opportunity, NextLeg.
I guess we retail buyers can never fully rule out manipulation, but I suspect this morning’s initial slump was just institutions trying to fake each other out as they jockey to snap up 50,000 share blocks.
Either that or our share price was simply taking a (very brief) breather after the run-up last week. A natural phenomenon, with briefer, shallower pullbacks being indicative of further up-moves to come.
Day traders don’t tend to be big picture dreamers like you and me. Not that there’s anything wrong with that. Thank God for their romping around, else where would our volume and liquidity come from sometimes?
Anyhow, I was going to politely suggest you raise new cash from that big, well diversified portfolio of yours, but sounds like you were a step ahead of me.
Anyone else listening? If you’ve holding stocks you’re disappointed in, or ones that are perhaps now fully valued (over-valued even?), or maybe ones with slower developing stories, here’s your chance to reallocate to more FDR.
I’m no geo, but if even just merely visible gold flecks in core drives huge gram per ton figures, then that new gold vein will be a nuclear strike. And when Padget says, “results in two weeks”, we all know what he means is, “could be any day now”. Because you can be sure that visible-vein core just moved to the front of the queue.
And a new all-time high gold price right around the corner possibly? You can’t write this stuff.