Ann: Half Yearly Report and Accounts, page-115

I am new to this share since Tuesday and so have no sentimental attachment to it. I bought for an average of 3c because the growth prospects looked good and sentiment seemed to be generally positive - the report was going to be great and the price could only go up. Any negative sentiment was dismissed as downramping. In a discussion with a Kalkine analyst however, they said that they didn't like it because of the debt situation.
So the report is pretty bad but everyone who predicted something good now says it doesn't matter. The people who said the price would fall have been proved correct. The question is whether to hold on for some positive news, however far off that may be, and possibly watch the price continue to fall, or to sell for the best price Monday morning and put the funds into something with a more positive outlook, but run the risk of seeing a recovery to around the 3c mark after selling cheaply.
I find the problem with Hot Copper to be that there is very little objectivity: on almost every page of every stock, people are fiercely protective and tend to hurl abuse at anyone who dares question their belief that this particular stock is the next Amazon. Future price predictions plucked from thin air are generally ridiculous, people are already spending their anticipated millions. Some posters are relatively objective and keep a cool head but in my opinion, there is way too much intolerance of anyone pointing out possible pitfalls, leading to some pretty childish arguments. I want to hear all different points of view so as to form an unbiased opinion, not just unbridled and unjustifiable optimism. That's my feeling anyway!