How do you "save yourself a bundle," Nowhat?
By not buying when the PPS is down? I think even you would agree with my advice of "buy low; sell high" (I wish I could say that I invented that one, but someone, probably Buffett, beat me to it). Anyway, I tried it with LAC and it worked like a charm. I bought low (sometimes very low) and sold high and made a nice nickel, which I plowed back in to LAC, repeating the process, again, and again, and again. Son of a gun if every time I did that, I didn't make more money. Go figure huh? So, today, I hold many thousands of shares, all paid for by profits from that incredible system, Why, there was even enough in extra profits to go our and buy more stocks in the Li sector and elsewhere (you see, I also read something somewhere about it being a good idea to diversify one's holdings, and -- you guessed it -- that seems to work pretty well too). So, I don't get all worked up when the market, the lithium sector, and LAC are all down a bit after a huge year last year and especially when my DD tells me that LAC has a very positive future (IMHO). Nope, I now have enough free shares of LAC accumulated, so I don't need to BTFD anymore and can just sit back and laugh at short seller wannabees (like you, maybe?). Go for it if that's your thing, but IMHO, you'll be sorry in the long run as LAC is a gem and will only continue to inexorably climb in progress, revenue, profits and, naturally, PPS.
And the other tried and true maxim that you seem unable, or unwilling, to grasp is that one cannot lose any money on a stock unless, and until, one sells said stock. Hence the need to have the best DD possible in order to predict the most likely future PPS scenario. But, unfortunately, you (by your own admission) eschew DD and instead rely solely on charts, which in turn, rely solely on past performance. But, and here is the obvious rub, as you have pointed out "past performance is no guarantee of future results." So your system is an inherent contradiction and fundamentally flawed.
And, in closing, while you take umbrage with Jet's 90% to 91% estimate of your charting inaccuracy, you have never (as far as I know, but I might've missed one of your posts) gone on record with what you believe your charting batting average is since you first graced our humble hub -- i.e. what charting accuracy % do you ascribe to your efforts? C'mon, inquiring (and slightly deranged) minds wanna know! Please enlighten us and we'll start checking on a going forward basis to see if you're right.
GLTA and LAC longggggg!!! G8tr
