MBN 0.00% 8.3¢ mirabela nickel limited

Ann: Reliance on ASIC financial reporting relief, page-68

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  1. 785 Posts.
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    "...If it's been that fishy since July 2014, why did you hold for so long?..."

    At least some miscalculations were made or hopes run heavily against the realities.

    1. In the down-trend calculating as though in the up trend would make plenty of miscalculation.
    2. You don't need a truck of miscalculation to lose big enough money.
    3. In most of time one miscalculation could be disastrous in money sense.

    How many miscalculation would be made when emotionally cheering up for bad news/matters as good in the down trend? Did you cheer up for a $0.05 up in nickel price and find it dropped down $1.00 a month later?

    What was missed in the calculation? Do anyone wonder about that? I do! Could I learn something from my MBN betting?
 
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