UMC 0.00% $1.30 united minerals corporation nl

egg on face, page-31

  1. 8,602 Posts.
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    Hi (ohyeah76)

    Thanks for your reply.

    I read a post to-night of a person losing $34,000 on CAG and has got out.

    Some people can afford to lose more then others.
    Some people earn a lot of dollars,some earn little,some are unemployed and some are retired.
    We all have different tolerance levels to losses.
    Some will quit and not worry too much about their loss.
    Others will wait for a spike and get out on a par to their cost of purchasing their shares. Others will keep waiting,although they want to get out but can not afford to lose money they invested in a company they had such high hopes for after doing their research.

    They know the fundamentals are good but some thing is going wrong or their are problems in the management pool so some decisions are being made that are not well thought out because of infighting.

    I only mention infighting as some post's are suggesting all is not well with management.

    Regards
    Westcott.
 
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