PPK 5.32% 44.5¢ ppk group limited

Ann: Change of Director's Interest Notice - Glenn Molloy, page-47

  1. 131 Posts.
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    Hi, sorry if you mis-understood any of my previous posts (although I'm not sure how?). Why would I set a stop loss? If I had a crystal ball and could see 100% that the price will drop to $1, sure I'd sell and buy at the perfect price. But if you read my previous posts, you'll see the daily shareprice means very little to me. Currently sitting on close to $70k loss, but I really don't care. I buy sit on the shares and hope I've made the best investment choice. If not, so be it. So no I don't have a stop loss, I don't trade I invest. A stop loss is for people who can't afford to lose "X" amount of money. I assume you're in that bracket as you talk about them.

    The delay in response is because I don't read or post on HC often, I just saw the notification as you tagged me. PPK is less than 5% of my folio and only 1 of three what I consider high risk. Po3, STX and PPK. If all of them go to zero, I will still retire in 5 years as planned and I will still live a life I wanted. As I said before, I believe that the people who are concerned are people looking for a fast buck. They missed out, hopefully lesson learned.

    I'm sure there are responses to my posts from those people, but truly I don't know what they'd say, they are not on my list of people I feel worth reading or corresponding with, therefore I don't see their posts. Just added another.....PPK will do it's thing. LIS (no I didn't buy any LIS shares, I received them) will do it's thing, if neither succeed I'l lose my $$ and say Lesson learned. But I won't be financially hit by it, and I won't feel bitter, as I invested in something I felt confident about. Won't be the first I've gotten wrong, won't be the last. I can list all my poor choices, but fortunately there are some pretty good choices also. There's a big list over the years. The difference between the good and the bad so far is time. The bad may turn good, the good may turn bad, but with all things in life, it's best just to own your choices, learn from them and do it better next time.
 
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