Ann: Update - Dividend/Distribution - FMG, page-6

We are all bloody fools really.
The lesson has to be buy in fear and sell in greed.

When it was $26 I said it would drop like a brick to $15 to $17 and dropped further than
that to my shock.

The best time to buy was Monday and Tuesday.
Stocks likely to rise tomorrow as bargain hunters pour back in.

We actually saw bargain hunters pile back in late today(Tuesday) and it may well continue
tomorrow as well.

I regret big time not selling when I posted at $25 or $26 a share and said it would drop.
Its dropped about $14 a share. If any of us had any brains we would have sold like a very
few did in here at over $25 a share. Why didn't we, greed to blame.

If we all had of bailed out we could be buying at a $14 discount. Getting $2.11 back is nothing.
Even paying half in tax we come out mile sin front and even after franking credits again we come
out mile sin front.

We are all stupid really.

To late now though.
Best time to buy is now and then if we had any brains at all one month before the dividend cycle
bail out then watch it drop like a brick again.

Each to their own madness.