Forum Topics AM5 AM5 Business Model/Strategy

Pinned straw:

Added 3 years ago

Noosa presentation on Friday which must have got some excited today.

Shares up from 10c to 13.5c

https://vimeo.com/885482022

Didn't really see much that would justify the rise. Tempted to take profit again.

[held]

PinchOfSalt
Added 3 years ago

I recommend taking profit when the price rise is due to marketing and there's no new news (in either direction). It usually reverts.

The value of the company hasn't changed. It's the short-term "voting machine" operating, not the "weighing machine" of long-term value.

12

edgescape
Added 3 years ago

@PinchOfSalt Totally agree with you but like all of us don't have time trading this stock

The time to really get in was when liquidity started picking up around 7c and not at 10c. I already warned that 12c was not my entry point

Trying to study liquidity more than price to get a sense of interest in a company now. Last thinig you want is to be trapped in a boring stock with no buyers from the market.

Didn't want to mention too much initially but there were a shocking amount of "forward statements" from CEO Nicole Duncan in that video recording.

Management does have deep experience though

[held]

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