AGL $5 party, page-76

Christos, we are running different trading strategies. We have not lost any money to date on AGL. We only loose money on the sell. We are long term investors and not day traders. We are here for the long haul. 10+ years not 10 days. We also like to fish the bottom buying in small increments when SP is on the way down or in crisis. This has worked for me personally on many occasions. Just some examples, Macquarie during the GFC (Babcock & Brown collapse), cost-averaging buying @ $16-$25 range. BHP samarco disaster @ $16-$20 range. Both stocks were in crisis (and even at risk of going bankrupt, based on SP at the time) However, at the time I believe they would still survive and took the risk. The risk has been very rewarding.

AGL has been around since 1837. So more than 100 years. I believe they can survive at least another 100. These companies will evolve overtime. Every trading strategy has risks, and this strategy's main risk is that the company does not go under. Likewise to Macquarie and BHP, AGL is just another stock I've chosen which I believe won't. I also never put all my eggs in one basket so if in the unlikely event any of my portfolio stocks go under, to me it will just be a small cost of investing. *Touchwood*, in my 10+ years of investing none of my stocks have.

Hopefully you would understand if not, please be considerate as everyone has different trading strategies. You might think we are crazy, but we just think it's perfectly normal. Thank you.