BBG 0.00% $1.05 billabong international limited

chart, page-37

  1. 2,107 Posts.
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    moodi blu...right, how ridiculous can this get?

    Having been in the market for 15 yrs now ....I forget the basic principle that my mentor taught me, especially with regards to stocks with poor fundamentals, that is...

    Rule1:
    Sell at 30% come what may!
    (at 45c I wouldnt bail out)

    Rule2:
    Sell when you see 'sustained green'!
    (at 60c I tried to bail I couldnt!)

    Rule3:
    Cash is king! Liquidate when in doubt.
    (dont know what this means!!!!!)

    now CMP is close to where I got in, and I have only myself to blame.

    I hate it when I am left thinking I should have sold.... will I ever get this right???
 
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