General discussion, page-15939

I've been on the road and missed this post of yours.

I'm puzzled by the label "experts". You are not a naive poster, which makes me suspect you are not a naive investor. So why ascribe the label "experts" to posters who never claimed to be experts?

Your post, overall, infers a finality, as if the course of this stock is nearing some sort of mysterious end. Sure, you mention in passing that there will be more chances along the way with IHL and other stocks... but otherwise the entire premise of the post seems to be a cautionary tale. Bizarre, considering every single IHL asset that would have formed the basis of your investment is still in play, more de-risked than ever, and advancing as well as one could possibly hope for.

Taking profits is naturally a good idea if you are anything but the longest of long term investor types, but those who failed to do so are not left staring at some sort of scenario where they should feel cheated by knowledgeable posters who shared their sense of the company before the market went south.

If everyone knew when to take profits, and how to pick the bottom, the market would not be the market. My track record is mixed, like everyone else's. I took some profits, but not as much as I would have liked to with hindsight. I bought again around 10c, and I believe that will prove to have been the bottom, or close to it. I could wallow in how much profit I'd be looking at if I had sold everything at 60c, and bought it all back at 10c, but what good does that actually do? I assess my performance realistically, not based on being a perfect diviner of the market, but rather on having the moderation to mitigate exposure to the best of my ability with the information on hand.

To summarise, you could have posted a post like this one on any number of stocks that hit highs, then hit lows. I appreciate the reminder to 'take profits': that's a valuable reminder, but I think the jabs at 'so-called experts' is inappropriate, unhelpful and more than little strange. We're all equal here. Everyone's contributions are subject to scrutiny and discussion. And you are not naive.