MAY 5.13% 3.7¢ melbana energy limited

Ann: Block 9 Alameda 2 Appraisal Update, page-875

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  1. 7,894 Posts.
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    LOL, Actually, no, Roach. The fundamentals have not changed. Only your understanding of the fundamentals has changed. You clearly failed to read the previous announcements by the company (at that time you were in your bullish mode); and now you are starting to understand them you have switched into your bearish mode.

    I note that you were buying at the top, and are now selling at the bottom. Rule 1 of trading is knowing that you need to buy low and sell high, not the other way around. My strong recommendation to you is to park your emotions, step back from the keyboard and take a deep breath, then consider the trading opportunity before you. Spewing out emotional commentary merely boosts your own ego, not your own bank account.

    Have a nice weekend.
    Kit.
    Last edited by Kit67: 19/08/23
 
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