fallacy of liquidity - cer vs cnp, page-10

Hi all,

I've done enough educating on this forum. Perception and reality, and difference between same, need to be sorted out here. Too much worrying over irrelevancies ( like % changes on trivial data ) and sheer ignorance over how the market works.

I will keep on buying - those who insist on beleiving the market is correct are in the same boat as 98% of people that cannot make a profit at horse race betting. The 2% that make a profit know when the market price is wrong - and by how much. Of course it takes some independant work, thought, and intellect to put oneself in such a position as well as the mental discipline to disregard the incorrect thoughts and worries of others.

Finally what is reported, and what is suppsed to be reported, are very different things. How many prosecuted for not reporting transactions in last decade? ASX is a joke of course in this respect but as investors we have to deal with the reality we live in, and not how we would like it to be. Closed out positions are not being reported as long as it happens within a certain timeframe. This is why 'borrowed stock' beig sold is never reported as sold by the holder despite being repeatedly sold by the ......SHORTERS.

CER is an opportunity like BPC was at 3 cents, and of course like BPC was at 6 cents before it fell to 3 cents! The fall from 6 to 3 did not mean BPC no longer had the earnings engine to go back to $1.00 a share - it just meant people were being silly. Of course people were worried about things and there was a certain level of uncertainty, and writedown headlines by journalists but all of these were shown to be completely unfounded.

The people who sold out of BPCduring the fall from 6 to 3 simply did not know what they were doing and thus gave 33 baggers to those that did. The best of times indeed - for some!

Blastoff
Markie my argument never changed -your concerns are an irrelevant triviality and not what counts whatsoever - plain enough for you? When it did not sink in the first time I highlighted the point for you!