Warning You Have Entered The Wild Wild West : Watch out for A Rockslide
The Spirit lives on.
Some of you folks new to the Tent….Who may be horrified at the Fact something like This (AZS) can happen.
Get used to it .
PM Explorers ( Rocks) …as in…… you have to be a little “off your rocks” to buy these things…..have a long and well deserved tradition of being the wild wild west of the Equity Universe.
This goes back a long way…well before the BreX Scandal …
If you are bored with Utilities and the steady ho hum 20% year appreciation of the Blue Chips…come on over to our saloon and pull up a chair and watch what real men do !
Barkeep make it a double !
A Double ? Hell make it a home run (I got a sure 50 bagger in here sonny)
Seriously folks…its an addiction…these Rocks…some times if they get piled too high they can fall and bury you too
Here lies a couple of Rock Investors
Thank god I had a proper position size. So I’ll sleep. But wow ?
that’s something we are learning at least Mserr. Problem is this one got to be a bigger part of most PFs very fast.
I noticed it was outsized by a lot ( we try to keep it to 3%- 5% max…luckily sold some.
Looks like there may be some support there at the 200 day moving average LOL.
Don’t worry, it’s just a small and healthy consolidation. 🙂