5 reasons to hold ccc for me, page-101

Im going to do my own 5 facts about CCC

1. If you lost money its your own fault, no one elses. Read this closely and slowly.
IF YOU LOST MONEY IT'S YOUR OWN FAULT. The CCC management mightnt be the greatest and are top heavy, they employ a lot of people who seem to excel at not necessarily getting alot done. I would be my bottom dollar, however, that all of their actions have been legal. Some small cap companies sink a lot of capital before making a profit. Some never make a profit. Deal with it.

2.MIHAL IS NOT JB. If you dont believe this, read all his historical posts rather than just making wild accusations that would be illegal and potentially defamation.

3. CCC isnt the only company in the world that has a share price that has dropped in the past 6 months. Some will have dropped because they were worth too much 6 months ago, others were valued appropriately 6 months ago and are now severely 'undervalued'. Most companies sit somewhere in between. There is no way to tell with 100% certainty where CCC sits on this spectrum.

4. CCC's share price is technically very low and would presumably bounce at some stage as their assets are 'real' and have some value. Whether it bounces here and goes up or drops more before bouncing no one can be certain. How high it bounces to, no one can be certain.

5. IF YOU LOST MONEY ON THIS ITS YOUR OWN FAULT. Stop whinging about it and instead work out what you can do better next time. People who are too busy trying to pass blame onto others for their mistakes will never, ever get better at what they do.

The most important thing in the stock market isnt to invest in good companies all the time, its having the ability to learn from one's mistakes and improve one's strategy appropriately.

Everyone loses at some stage. Good investor look for their mistakes and change their plan accordingly. Bad investors stick their head in the sand, convince themselves they have done nothing wrong and pass the blame to others. It's much 'easier' just to pretend that management/mihal/the bots/the pros/the instos/the south african govt/the chinese or whatever is against you, but at the end of the day its your mistake, accepting that and improving is what will make your next endeavour on the market successful.


In terms of bigmac's 'amazing' research about correlation between 'most posted' and share price. Add MAD to your calculations.

In terms of SSN, it first became popular on HC when its was in the 3's and 4's... Worst case scenario if you bought SSN based off initial 'popularity' you're still currently up 50%.

MAD started getting crazy popular in the 50's and 60's after it had already double bagged. Anyone who bought at its 'popular' stage is laughing all the way to the bank.

The quickest way to lose money on the stock market is to cherry pick information to suit your hypothesis as opposed to building a hypothesis based on all information available.

Another gripe. No one lost money because Mihal convinced them to invest. They lost money because they themselves chose to invest. Mihal did not sit at their computer and click the buy button. Mihal didnt call up their broker and put the buy order in. Mihal didnt clear the money from their account for settlement. They bought the share, if their due diligence was 'Mihal' its not Mihal's fault, its their fault for not doing due diligence. The responsibility is 100% on their shoulders. No one else. Anyone who cant accept this fact and learn from it should be very wary about investing in this end of town. You cant make money on these shares if you arent willing to look at the man (or woman!) in the mirror.

Wow long post. I feel like the crazy old homeless man on the side of the rode ranting and raving about nothing!