STX 2.70% 18.0¢ strike energy limited

Ann: Appendix 3Y - Jody Rowe, page-14

  1. 618
    3,296 Posts.
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    This ongoing discussion pitting PSI vs the management is nonsense, and totally off topic. As PSI has said before, he has made investment mistakes in the past. So even if PSI comes onboard, it doesn't change the investment theme for STX one iota. Given this is a public forum where we discuss what we want to discuss, there is nothing preventing a poster (any poster) from accumulating or reducing a position without disclosure. Nor do they need to do so. Not to mention everyone's risk tolerance would be vastly different, which would obviously depend on your own financial position as well as what stage of life you are in. My point is that there are so many factors behind any investment decisions that we shouldn't really dwell so much on whether someone (PSI or anyone else) is onboard or not. At the end of the day, the only outcome of importance is whether the company (and all the shareholders) makes a fortune or lose a small fortune.

    With PSI, I simply enjoy the comments and opinions regardless of whether I agree or otherwise. I don't necessarily find him/her to be overly subjective or negative while staying mostly on topic (which is more than can be said for some others who simply post negative dribbles without any justification or reason), which is great for this discussion board.

    It's always a decent sign with inside buying, but bear in mind there had also been some horrendous inside buy in the past where they, along with everyone else, were taken to the cleaners. Obviously they have access to more detailed technical data (which are commercial in confidence) than anyone else, so they ought to have a better idea than everyone else - or I would be questioning their qualification to lead this company. I have conversed with DW on several occasions and found him to be highly approachable and knowledgeable - just my personal take.

    618
 
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