MAY 3.70% 2.6¢ melbana energy limited

MAY Takeover, partial sale. or buy in, page-35

  1. 14,250 Posts.
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    @ratdog1031 I had a trading plan to hold till Zap results or break even, whichever came first, and luckily was still in profit by the time results came in..so although very disappointing it wasn't a really "hard decision" to sell...but I`ve also sat on very deep losses many times before hoping that they will recover.. the truth is not every stock you invest it will recover, and after a while you get to recognise these situations its a hard lesson...but the sooner we get used to accepting it, we can get on with other things and work harder and smarter next time....imo this one wont recover because faith has been lost in management and its very obvious why that is.
 
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