BUD 0.00% 0.6¢ buddy technologies ltd

Webinar Questions, page-109

  1. 7,207 Posts.
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    Don't play with stocks or small caps if you don't want to gamble a bit. If you know anything about stocks it's all a gamble a little bit, nobody knows if it fall or go to all new highs. Now you're talking about a small cap and you are saying that your not gambling a little, maybe you should look what the game is all about. After all the research it's a gamble, who would have thought Facebook would be in trouble after being a darling stock for years.

    I will stand by my comment to go all in and sell at a loss over one quarterly has to be a little silly, overreaction that cost the seller. Now you say you want appreciation and appreciation only then don't trade stocks, especially small caps because it's a yoyo until it matures, or if it matures and even then just like Facebook it's still a yoyo.

    The only reason I would have sold BUD at this price was if I needed the cash for living expenses, to survive. I will stand by my comment about the overreaction and it being a bad trade, also a silly trade. When you've been around the game for awhile this sheet happens all the time and the big boys make the money, the silly emotional traders lose out and look for sympathy.

    I do feel sorry for that dude but when you think about it if he still had his skin in the game anything can happen, especially at the early stages of the revenue process. Risk management or fear gets traders, i understand the game and it's simple, some will make it as a trader or investor and some won't. If you sell on fear each time you invest you will never be a winner, all those hacks on Foxtel talking about risk management, i will tell you they are trading with millions and don't need to win big. A trade from 2c to 4c might be worth 2mill for them depending on how much they put in. For the hundreds of thousands investors and especially the little guys to get anywhere in investing we need to be lucky and do our research and see what happens. Also learning from the game is very important for small time investors or traders, certain trends when to buy, when SILLY things are happening, ect.

    This to me is a trend of fear and overreacting by traders and investors giving up on the game just as it starts. Does this mean I will win, no but I can assure you I won't be a big loser just yet because i understand the game, it has really just started.

    The reason companies get done when they fold is due to dodgy things happening inside the company or they have said they will do this and that but simply didn't do any of it. This is why Dave will have a hard time if BUD falls over, it's only because he talked people have a case and you can call that misleading. But at the moment Dave hasn't mislead anybody so you and others have no right to call him out just yet as the company will still be in business, at the burn rate and with revenues you can easily say for two years if everything fails. But I will say that trouble for him will come if BUD does fall over but it's only early days and with lots money in the bank he has no problem and lots of time.

    I also have the right to write my points about what is going on especially in companies I'm invested in, also I might save some people from being big losers for no reason. If the company is sheet I will admit it but BUD is still in the game big time so if anybody sold that's there problem. My problem will come in two years time if Bud fails.

    Good quarterly NO, game over NO way, all IMO.

    THIS IS DEFIANTLY ALL IN MY OPINION ESPECIALLY THE DODGY COMPANIES PART, THIS IS SOME OF MY LEARNING EXPERIENCES IN INVESTING.
 
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