mark10 I fully understand how you feel. I so much regret that I did not sell right from the word go. But I did honesty think it was a bad decision from the start has many know, but I thought OH maybe knew something I did not. Then when the price started to fall, I thought each time it got a belting it was the bottom, and I didn’t sell because I thought the share price had fallen so far, that with what ozl was doing and going to do, the price represented good value.
Trouble is it kept falling, and I kept thinking it was the bottom, I know many will say you should have got out way before, but hindsight is a wonderful thing. Also to this day I’m so glad I've held other good companies (not spec's) when they got absolutely creamed, because the truth of the matter is if I would have sold them, I would have done so close or very close to the bottom, all to late then I feel, and all if not most came back into profit for me.
At the end of the day, we’ll all different we all do things differently. The one question we should be asking I guess is how our way has worked for us when all has been said and done, markets go though some trying times, so far all types of market conditions have come…..and gone. I have no doubt the market in general will shine bright again, I just can’t tell you when. Many will try, and of course some will have to be right and some will be wrong. Just like many will mistake there luck and call it brillance.
Mx.
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OZL Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
