Its Over, page-399

Should we give "reputation tarnished" stocks a second chance?

Not guilty until proven right you may say.

Reality is that all those guys who have been recently 'named and shamed' in scandalous acts involving women will never get their reputation back whether or not they win their court cases. Maybe there are people willing to make allegations but in the probability world, there must be some measure of truth in them.

Like CTD suffering the same fate as BLA which never recovered.

Stocks which have been called out by ASX, GSW& BIG both busted, CIO never ever recovered and BUD in pale shadow of what it once was.

NO second chance because the stocks won't give you a second chance. IMO you'd be better off putting your money elsewhere.

If the very people you'd expect to have high moral compass are caught in such allegations, and the same is happening to a number of high profiled ASX listed companies, trust is waning. And I am not surprise that ASX is underperforming relative to the US markets.

Companies who are not giving corporate governance the highest priority (that includes AMP and a few others) does not deserve your hard earned money, period. Seriously, who can we trust these days?

Have a good weekend.