The explanation is very easy Rebel - just another impatient ex- holder, who get burnt because they could not or did not want to fully understand the reasons why OBJ directors were not (and still are not) out there spruiking and shouting from the roof tops just how good this company is. There are so many embittered and sour people in these types of forums, who just could not understand the basic principle of buy low - sell high, got it all arse about and ended up selling at usually a big loss. I used to feel sorry for them, hell I used to be one of them, but then one day I realised that no matter how much I jumped up and down and stamped my feet like a petulant child, things didn't change.
It was at this point in my investing life that I learnt to undertake extensive research, have the conviction to stand by that research and most importantly have the patience to wait for the pay day...and since I learnt these things I have never looked back - yes I may be down on some of my investments (OBJ is certainly not one of them) but I have lost nothing but some numbers on a piece of paper and I am lucky enough to have the time and the funds to be able to wait until the little - sign turns into a big + sign in front of those numbers.
It's really not worth engaging with the petulant ones, for until they can learn to control their own emotions they will continue to stamp their feet and blame everyone but themselves for their losses....
Every day is one day closer OBJers....
OBJ Price at posting:
5.2¢ Sentiment: Buy Disclosure: Held
(20min delay)