BUD 0.00% 0.6¢ buddy technologies ltd

Ann: Acquisition of LIFX and Share Placement, page-107

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  1. 1,446 Posts.
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    Traff1que,

    If you've lost faith in the stock and aren't interested in it anymore, aren't you better taking the loss and putting the money you have left in a stock you like and that you believe will out perform BUD? 

    Using logic, it makes no sense for you to hold. Surely you can see you're better off using the money you have in BUD now to invest in a stock you think will out perform?

    Is it just the mental aspect you're struggling with? ie. Actually crystallising your loss from just a paper loss?

    I'm content (at best) with today's outcome and comfortable to continue holding.

    I am however quite uncomfortable with Dave selling shares at prior higher prices and wanting to buy back now at 8c. I have just about lost all faith in him as it stands.

    Lots of arguing on here at the moment. You should really take what people say on here with a grain of salt. Most of the people being negative on BUD have all lost money on it and it's simply making them feel better to come on here and bag the stock. Just let them, don't know why others get so so worked up by it. If it helps Ronnie and co deal with it...who cares?

    Cheers. 

 
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