"Your belief in the virtue of a stock is just that - belief. If punters wish to persist in their belief that a stock will reward them then that's their business I guess, but holding and hoping is not a plan."
Very true. Bazy shot down and criticized anyone who stated that the sp was falling...despite the fact it was!!! He called it being negative, and personally called me that many times. I dont think stating the obvious is being negative and I dont think being positive will magically cause the share price to rise. He had a go when I sold some at 3.5-3.8, only to buy back at 3-3.2. I guess the money I banked makes me less concerned about his biased opinion. There is a reason he was permanently suspended, perhaps readers should think about that before blindly following a passionate but very one sided poster.
Blind faith will send you broke. No matter what your faith in the long term goal, watching nearly 20G get knocked off your portfolio in a matter of days is not good. If holders can sell then buy back cheaper, good on them. It doesnt make them a "non believer" it just makes them a shareholder who would rather lock in profits than sit and watch it dwindle away, hoping for that elusive announcement.
For those that wish to hold and just have faith that in the end all will be fine, good on them too. But at least respect the decision of those who wish to go another way.
Remeber, we all want the same outcome in the end, some of us just want to lose less money than others while waiting!
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Mkt cap ! $3.690M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 214857 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.9¢ | 289915 | 2 |
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No. | Vol. | Price($) |
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2 | 214857 | 0.007 |
5 | 2106527 | 0.006 |
1 | 300000 | 0.005 |
2 | 525000 | 0.004 |
1 | 600000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 289915 | 2 |
0.010 | 157763 | 1 |
0.013 | 750000 | 1 |
0.015 | 340000 | 2 |
0.017 | 60000 | 1 |
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