CGB 0.00% 2.1¢ cann global limited

Ann: Voluntary Suspension Extension Request, page-92

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  1. 3,215 Posts.
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    Again much of this post states that which is obvious and restates some of the points made in my earlier posts - so I agree with some of them.

    And make no mistake - I am not here to "save" anyone.

    Thing is @Harlan I was also commenting when QBL were not in suspension and when the SP ranged between 3.0c and 11c. And I watched and traded QBL in 2014.

    And it might be that holders on many forums would be "arking up" - whatever that entails - but there's no need to belt up people who might hold a different point of view.

    "... are probably falling on deaf ears, and imo rightly so."

    Not much point having ears if they are deaf!

    "... no good worrying about all the what if's, what isn't, what might not be, because the answers, unfortunately, will not be revealed until the Suspension is lifted."

    I think I noted that in my last post.

    "Most do however read the good, the bad, and the downright ugly and weigh it all up along with further research. "

    No I disagree ... many do not read everything they can in my experience and many definitely do not weigh up risks. In my view, what is more common these days is that people join the hype and treat the ASX like a casino. Risk assessment - not so much in my view. I would imagine that many have not even read the last quarterly.

    I'm not sure about your experience on HC but you should read the entire TON thread to gain an appreciation for what happens when people follow the herd - unquestioningly. One poster on the TON forum would relentlessly beat up on contrarians and he had a supporting gang. Sadly, his fate was the same as many others - I think he took it very hard. Not a good outcome.

    The fascinating thing about the LT investors is their constant watching of the SP and jumping at every nuance. Would a LT investor care for the small stuff - I think not.

    ST'ers and traders - now they're a different breed and will watch every pip movement. Generally, they will buy the rumour and sell the news. Question is - who is buying the news?

    I have commented on confirmation bias previously. Have you ever heard of 'recency bias'? If not, maybe you might like to read something abut that topic. Up to you.

    Anyway, we will see what transpires next week - maybe?
 
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