68c all taken out.
Next stop 65c and the bid side towards there looks pretty thin!
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68c all taken out.
Next stop 65c and the bid side towards there looks pretty thin!
Baseless teasing, as so often ... so far the 68 seem to hold quite comfortably and lots of support considering the thin volumes traded today.
More importantly - did any of the resident scaremongers and teasers notice that both Ryman and Arvida dropped today further down than OCA did?
Looking at the low traded today (well, so far):
ARV low down 2 cents (1.9%)
OCA low down 1 cent (1,4%)
RYM low down 14 cents (2.5%)
Obviously - this is all just jitter and it looks like SP swapping back anyway, but using the OCA data for share specific scaremongering - this is just kindergarten stuff.
Pretty bad style.
The SUM guys at ASM today weren’t too gloomy about the future …that’s good
But from what they said about the last few months it’s hard to see OCA printing a half decent result for F23
Jeez Peter ….you really have fallen in love with this Oceania haven’t you.
Defending them to the hilt and getting really grumpy at anybody who berates or is negative about them…a true loyalist
Admire your passion …but please please don’t let it blur your judgement.
Nothing to do with falling in love with OCA. I just notice that bullying, harassing and teasing seems to get worse in this forum. Might be related to the lack of moderation, I don't know.
I just wish posters could still behave like somewhat responsible grown ups ... and we could get back to relevant discussions about companies instead of some of this kindergarten stuff, not just on the OCA thread.
There used to be a time when share trader was a valuable resource for people who wanted to learn about investing. And sure, we still have some valuable contributions (Mav comes to mind on this thread with his outstanding analysis of OCA, but there are others as well). However - the general standard of discussions seems to have dropped to hot copper level - and I am not sure, whether it can get much worse without us loosing all real contributors.
Just think about how many promising new posters we had coming in over the last say 12 months. There might be some (I don't see all posts), but the number of good new contributors dropped significantly - I recon most people are just put off by stirrers and worse a number of trolls. Many of the old good contributors turned their back already to the forum ... and many of the people who just hang around are sitting on the fence.
While balance is certainly not the worst of the offenders (and sometimes makes as well quite valuable contributions), this childish stirring has no place on a grown up forum.
Strong language BP and it cannot go unchallenged for the benefit of those who read my posts (and other posters’ thoughts) objectively without emotional attachment to the stock.
Commenting on the sp and where imo it is heading could be considered stirring, I guess
but
it is extremely pertinent to anyone contemplating investing in the stock surely.
OCA’s sp has been making new lows week by week with institutional selling and retail buying - something is up so I make my comments here in the light of a potential CR by the company, just as I was the first one to make the same observation with Ryman.
Let’s not delude ourselves here that posters on ST can influence OCA’s sp to any meaningful extent - the instos make the market.
I find it refreshing, that you are obviously interested in OCA and have been for some time, but at the right price (preferably capitulation), as we all should be but few seem to have the skills or patience to identify it. I've bought recently a few but very small parcels compared to my holding which is already at an average far below NTA. But the cash stash waiting for the same thing you're looking for is growing and when the time comes it'll be who can get in the entry door at the best price, rather than which suckers are still selling to us.
This is why we love the market, especially decade long opportunities to make decade or longer investments. Good luck to you, the only real difference I feel is that I don't need to talk it down, albeit I take your point that none of us have any material effect on the SP. That said, we've seen situations over the years where the membership here and lurkers here are influenced, they follow, and they buy, they sell, but they are always followers, and that is enough to boost the SP either way.
It takes time to 'balance' (excuse the pun) ones perception of 'investing', versus when it is the best time to buy and sell in the 'market'. One can amplify the other, either way.