STI stirling products limited

words of wisdom

  1. 3,448 Posts.
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    From another site, very good post on sti thread.
    Great words "Fab"
    Not targeted at anyone, just some very good points for all of us.

    I don't know why I bother but I'm not an investor, I'm a buyer and a seller with a buy and a sell point on a timing basis; I win some and I lose some and hopefully I keep in front so I maintain a reasonable lifestyle - so you got it wrong again, but don't apologise I'm used to your off the hip statements.

    Every company should be evaluated differently. I know this this one is an emerging company trying to make it big and suffering the renowned delays in the pharmaceutical industry and its price has been falling through these delays, lack of support, and has been suffering a constant barrage of ridicule on 2 sites from someone and that's the way it goes. It's a minnow company that recently has been resurrected starting from scratch trying to hit the big time. It has a small priced share value in a company where numerous holders have thought they would millions overnight if the plans (and they're all in place), went to a set time limit. The problem is large holdings of cheap shares make you a lot of money or lose a lot of money in a short time also. I'm sorry, I thought a commentator like you might have worked this out. this, but it doesn't happen that way when everybody thinks this way because sheit happens and traders who realise this react accordingly. And do you know what, if this company makes the strike and hits a strong price only a small percentage of traders will make it because the majority will have been well and truly psyched out of it because it's not happening to the time plan � that is why only a small percentage make serious money here or in the market generally. The crowd psychology is being led in one direction here and we have to make our decisions accordingly.

    Could the company go topsy, turvy? Yes it's possible like it is with any company. Does it have assets that could be sold off for a price? Yes it does.
    Could it become successful? Yes it could. When do you evaluate the position? Daily. When do you buy it? When it is undervalued, at a ridiculous price and a position presents itself. When should I sell it? This timing decision is made when you buy it.
    If I lose money whose fault is it? Mine and if it is a large amount it is my risk management procedure or lack of it that is to blame.

    Finally,If I have a girlfriend and she dumps me what do I do? If I can't resolve the situation I have my say, walk away and move on; I don't stalk her, harass her, ridicule her for years on the internet until she is penniless and ruined because this somehow strokes my psychosis and gives me perverse satisfaction. I wouldn't last long in the legal process if I tried that.
    Move on you've done your job, it's only got to go down 2 or 3 more points the it'll be .01c. We all know the high risks for reward here and now it's becoming ridiculous.

    I respond only to give some balance to the discourse and for the the sanity of long term holders who are locked in.

    Last Close Price When Posted: $0.004 | Last Close Price: $0.004 | Percent Change Since Posted: No Change
 
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