PBI premier bionics limited

pbi rampers , page-10

  1. 404 Posts.
    i think you have misunderstood my position here

    TIMING, is only relevant to daytraders.. i am, thankfully, am not a daytrader

    the profits u speak of going from stock to stock, are only relevant if you are a daytrader

    it still astounds me, how many people daytrade.. especially given all the evidence etc that daytraders are generally worse off than people with no knowledge of the stock market who pick a random assortment of stocks and don't look at them for a few years!!

    the other term u refer to, of people falling in love with stocks, also refers to daytraders, as they have a strategy to pull out at certain prices, then fall in love with it, and lose out coz of their short term mentality

    u'll find the people who make the money, are the people who research, research and RESEARCH. and then sit back and wait for it all to happen.

    don't forget, those profits you speak of, are cut in half due to tax, and minus whatever u pay for brokerage..

    so while i agree with u on one point, that you should never fall in love with a stock and think UNjustifiably that it will all be better in the long term as a result.. there's a HUGE difference between doing that (what daytraders do) and doing what real investors do, and researching something and sticking with it while all the sheep do the opposite, to reap the rewards at a later date.

    i'm not ramping or even trying to, but while what u say may be of relevance to daytraders in this stock, it is 100% irrelevant to long term investors.

    if you want to say something relevant to me, and other long term holders, then tell us WHY you think this stock will continue to perform poorly, WHY it won't go up given it's huge potential and products still being in delevopment

    if u think the products will fail, or people won't buy them, or something else, which will keep the price down in the long term.. then please, mention them and i will listen and perhaps change my opinion

    but if your opinion is based on a chart, impatience, a daytraders mentality, or simply to jusitfy your own position (something you are accusing ME of doing) then keep it to yourself

    PS: i'm not in love with this stock. if at any point something happens which causes me to think that in the LONG term FUTURE it's not going to go where i think it will, then i will pull out.
    until then, i'm not going to suddenly change my view of the company which is based on lots and lots of research, because a few day traders and impatient people have decided to sell
 
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