EIO 3.57% 29.0¢ energio limited

Ann: Market Update - Completion of Initial Geophy, page-42

  1. 3,413 Posts.
    re: Ann: Market Update - Completion of Initia... Hi luvapunt,

    Please don't base any investment decision solely (I know you wouldn't)on my view/s of a particular company, please consider my views but then weigh them up with your own research & of course gut feeling ;)

    Having said that, I do not "down-ramp" (I hate that stupid HC term) a stock for the purpose of entering it at a more advantageous position, never have & never will, EVER!

    What drives me to post on the stocks I do is often the utter nonsensical dribble than a great many on HC go on with often based on little or no substance or more importantly little ot no due diligence.

    Don't get me wrong I've made plenty of mistakes, still do in fact. Each day is a learning experience as far as I'm concerned. What's the saying; doing the same thing continuously but expecting a different result is the definition of insanity?

    The major downfall as I see it with a forum like HC is the "pack mentality", meaning that the folk seeing nothing but positives in a stock/company don't want negative aspects or potential negative aspects brought to their attention. It's a bit like if I don't hear or see it, it doesn't exist and it'll just go away...

    Me I'd rather get the heads up on something negative about an investment, at least I can research the issue at hand and then reassess my position can I not?

    Others, more often than not don't see it the same way largely IMO because they're LAZY! Lazy in terms of doing thorough due diligence & research. They simply want to make an easy dollar & lots of it whilst doing as little as possible for it.

    Over the past three years or so I have managed to save my capital from total wipeout or at the very least being tied up for significantly longer periods than I had intended to. Once you're capital is gone it's game over so it's a critial factor in the scheme of things, in fact it's the single most important factor IMO!

    Now I'm not one to toot my own horn but if one was to look far enough back you will find the folllowing examples of what I speak about; AXM, AAM, CTO & now look at VMT.

    I gave my opinion and views on each of these companies when my research revealed something wasn't right or worse still something sinister and you know what I still have my capital available to invest in other opportunities. Many whom chose to deride and mock my views on the other hand have not been so fortunate and have paid the consequences of not at least considering the points I raised.

    Sorry for taking up time on this forum with this matter but I feel it's important. If I can save just one person's capital then I'm happy to have been of assistance.

    Good luck and have a safe Easter

    WC8
 
watchlist Created with Sketch. Add EIO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.