Key with holding mad short to medium term is if my investment...

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Adriano1

2,647 Posts.

13/06/15

08:26

Post #: 15460612
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Originally posted by Michael Angelo ↑

Evening to all havent been on for a while thought I would see how MAD was going. Doesn't look like much has changed over the last Month other than frustration levels rising.
Understand everyones frustration. Probably well justified.
My frustration comes from buying in a few years ago riding it to $1.49 and riding it back down again. Did sell a few. Also learnt a lesson on hype buying. wont do that again.
The pain comes from my wife telling me every day since then, I told you to sell I told you to sell.
Man I need this to turn around if not only for the sake of getting my wife off my back.
I dont have any contacts or any crystal ball, but still believe something will happen with this company for the better. When that will be not so sure.
Appreciate everyones posts and opinions positive or not so positive. At least we are getting something from this site.
Patience, as someone posted previously aquisitions do not happen overnight.
The company I work for has been on the market since before Christmas if not longer, we had an interested party soon after. They are still coming to site to conduct there due diligence. Does not look like anything changing hands for at least another 3 Months. Even then it is not garuanteed. so I can see how MAD may be taking time and caution in purchasing something.
Never the less still frustrating not knowing. When people are not informed then they make assumptions.
When you make decisions based on assumptions they are generally wrong.
Hang tight for a bit longer.
Heres to hearing something soon.
Cheers
MA

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Key with holding mad short to medium term is if my investment continues to go down is the opportunity cost of buying something else bigger than holding mad. Because from the commentary an acquisition is a while away

FDM Price at posting: 9.0¢ Sentiment: Sell Disclosure: Not Held
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