long term chart, page-89

"You go from thread to thread and there are always the same guys hanging on to stocks for years and years, even if they are going down.

I still dont understand it....."


Same was said about the people who hung on to other developing companies like EXT, FMG, PDN and years ago I recall the same with KZL and I was told Newcrest was a dog and to get out by a broker when they were 80c. Smart chap that one no wonder the company went under.

As long as they are going where they should be and not failing then do what you want. I listen to me now and finally doing well because of it.

Too many people want instant results, I prefer to get in when others don't want to and hang on.

Traders trade...Investors invest

I understand the reasoning for both aspects.

T/A has its place, as does Fundamental Analysis.

I would love to see one honest trader come out and say they made more money trading a stock like EXT in the last 3 years than simply buying 3 years ago and holding until now. I dare say we would be waiting quite some time.