corporate action, page-38

Invest for years guys.
Micromanaging your investments will do you harm.

The only real need to worry about the share price every second is for only three reasons:
1. You actually don't have enough spare money to INVEST
2. You don't trust yourself.
3. You are day trader / technical guy.

An INVESTOR with $10k who bought Amazon in 1997 and still holds them will now have $1.2 million.

A PERSON who has one of the three problems above would of sold "high fiving themselves" in 1998 at around $25k.

Micromanaging a company and speculating on a daily basis will "stress kill" you.

Worrying about the price at 40c or 30c or $1 is futile.

If your investment is say $10k, you may as well spend the same time working in a pub than continually worrying about the MAD share price. You'll double your money in a year by working part time and doubling your investment and you'd be a lot less stressed.

Here is a test of a fundamental Investor.
Don't look at the share price for 8 weeks. Just have a rule in your trading platform to alert you on a trigger low price - so you can check to see if the fundamentals are still in place and have a second alert on any new announcements.

If you cannot do that - you are not investing you are punting.

Investment is to give your money to someone after you have done your diligence and leave it to them to create wealth.

An inability to leave it to them means you are emotional and you do not trust your original judgement - that is all.

The minute you second guess the wealth creator (in this case an ex-CEO of one of the largest companies IN THE WORLD) get out.

For the person who wants monthly updates on production - management have decided not to - Deal with it.

The time you spend reading into or speculating why they don't update you is better spent working in a pub getting $200 for a nights work, staffies and maybe a happy ending if you have a personality (looks don't matter at staffies time).

Good Investing to all - I am going to do my 8 week thing and work in pub part time.
I 100% guarantee I will make money working in a pub (no speculation there).

I guarantee management will not change a thing in their strategy while I am doing this AND I have the added bonus of lots of time to work on my personality in search of a happy ending. URU :-)