No problems. Sometimes the written word doesn't convey what we want it to mean. I do make heaps of bad calls. It's the nature of the stocks I follow. AZC was a shocker. There are others. My overall "success" strike rate would be less than 70% I reckon. When I do pick big winners though, the payoff pays for the failures plus a nice juice profit in the long term. BEPPA was a successful play......it just could have been more successful if you get my drift.
The company announced a very ambiguous commentary about "value outcomes being less than face value and/or recent trading prices". That was poorly worded and from that announcement I wrongly deduced that there was about to be a triple murder of BBI/BEPPA/SPARCS. Instead they used BEPPA to murder BBI.
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