TNT 0.00% 13.0¢ tesserent limited

TNT Chart, page-4450

  1. 5,467 Posts.
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    Here's a concept for you. I'm not using crayons but I'll go slowly so hopefully you can grasp it.

    I was holding because I was bullish. So, when I discussed the company, I was bullish. Incidentally, for most of that time, the price did go up. I first posted about buying and how excited I was when the price was under 10c (you are welcome to go back and check).

    After some time, I became concerned about the situation. I discussed my concerns in detail and after some time I started selling and eventually sold out because I was no longer bullish, but rather, bearish.

    I then continued to be bearish and the price went down remarkably like I expected.

    People became angry at me after it went down, obviously considering me to be a traitor etc. I didn't *want* it to go down, I just saw that it was going to.

    Are you with me so far?

    I never attacked anyone for being bearish on TNT, in fact, I was one of the few people who thanked the bears for their input, with a single exception who was clearly just trolling (the one predicting 6c). Again, you're welcome to go back and see that I actually thanked the bears for their input and told other bulls not to attack people just for being bears, because it's better to have a balanced discussion rather than sit in an echo chamber, a point which I made multiple times phrased just like that in the TNT discussions while I was a bullish holder.

    I was never 'pumping', I just posted the situation as I saw it. Obviously I saw it in a positive way, because I was holding, and as should be abundantly clear, I'm not afraid to keep an open mind and change strategy if I see things evolve or something I missed comes to my attention. Stocks do go up and down for multiple reasons, the market is a dynamic system and it's fine to go from being bullish to bearish etc on the same company. Nothing I said while a holding bull is actually incompatible with anything I've said recently; I've always clearly said that my reasons for expecting the drop in price were a mixture of TA, market sentiment and the way the figures are going to appear in the short to medium term (it has played out exactly in that way!), and I have never taken back what I said about the potential long term success of the company other than to say I expect it to take longer than expected. I believed it would be sooner because I trusted management, and I changed my mind when I realised management's guidance had been misleading - this is literally the primary reason I went from bullish to bearish, realising management's guidance was misleading which meant the market had been set up for disappointment which meant it was important that I get out before the realisation which had smacked me smacked the rest of the market, and I was nice enough to post about it here. You should be angry at management for being misleading, not me for working it out and sharing the news before the market woke up!

    If you want to get angry at me for changing course according to a changing, dynamic situation, hey, be angry! I'll continue to view the situation as interesting and you can sit there stewing in anger. I'd honestly choose a more productive course for you, I'd prefer to have a positive influence than make people angry, but observing the attitudes of the market is one of the things I find interesting about playing on the stock market and if you want to be angry that's your choice If you want to be fixated on what I said six months ago rather than what I said two months ago after saying 'Gee, things aren't evolving as I expected, it looks like a change of course is necessary' and act like I kept saying what I was saying six months ago until after the price crashed, that's totally on you!
 
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Currently unlisted public company.

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