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CNB Summary and Why Its So Undervalued, page-2724

  1. 1,883 Posts.
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    @moneygalore
    Mate, I am sorry to see someone post like this. But my view is;

    1. This is one of the best threads on HC. Only seen one better.
    2. You may feel you have been given a hard time, but that was because you kept posting a while ago when others including me tried to send you signals to stop. Your posts came across as at best indecisive, at worst negative without a lot of evidence.
    3. A lot of the people who posted back to you were trying to help. There are some extremely experienced investors here. I am just not sure that you took it this way.
    4. There are different reasons people come here. Some more for community, some for knowledge/information, some for a bit if both. Many people who come here for knowledge/information are busy and get frustrated reading what they consider to be rubbish posts - some will think this is I think you attracted some negative attention this way. Not trying to be mean, but over posting especially when people are nervous or negative is not widely desired in threads.
    5. If you want to see a horror show thread see BPH (not a cross promote) where people have literally abused each other using foul language, almost entire pages have been moderated and several posters suspended.
    6. DYOR etc but this is a spec stock which can be brutal. I have had three almost total wipeouts ie lost everything I invested in the share and had five multi baggers which easily offset those losses (thank goodness). My point here is you must be resilient at this end of the sharemarket. If not, buy shares like Woolworths (definitely not a x promote), but they will never change your life.
    7. Did you lose $22k because you panicked and sold? I seem to remember people trying to calm you. I am down over $100k in this share from the highs. But there is a long game here. Read carikayas post on the T20. Management are buying more - what a great sign!! My point is you have to hold shares like this with conviction. I suggest you read this:

    https://microcapclub.com/2014/08/the-conviction-to-hold/

    I hope you feel better having posted to the forum. I am not replying on their behalf, I don’t have the right to, this is just my interpretation of events and somethings you may want to consider. It is sent with the best intent, and not meant to offend.

    Cheers and have a great day.

    kansaskiwi
    Last edited by kansaskiwi: 03/12/20
 
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