SGH getting tanked - should we dump?, page-125

ssv, you seem to miss the point or just don't accept the point.

You are judging the quality of a decision based on a SP movement over a few months. Do you honestly believe anyone will call an investor a loser when the SP is $5 and they bought at $2.70? I doubt very much whether anyone would say you idiot you could have bought it at $0.60. If that $5 is in 12 months (highly probably provided all risk factors are diffused) then the focus will be on a 85% annual return not some theoretical missed opportunity.

To follow your chain of though it would require perfect timing of the market. That is enter within a cent or two and only see SP growth thereafter. Impossible.

The solid research beforehand gives confidence that the underlying business is sound. With that in mind we don't have to worry too much about what the market does. If purchase in lots then averaging down can benefit from market misapplying risk, when the turn comes reasonably well placed to benefit as it rises. Not all situations are investable, of course many stocks declining should be avoided like the plague. That is where understanding the business and its landscape comes in.

I accept your opinion is different. Interesting that you use the noun 'casino', probably you just threw it in there without much thought but I say that gives an insight into your thoughts on what the market is about. Win or lose on the day as in a race track or night in the casino if account is red at close then lost.

I just feel it is wrong to declare an investment decision right or wrong based on entering at higher price a few months back. It would be great to revisit this discussion this time next year.