Pretty standard emotional ASX investor mindset, jump in and out of stocks when there's extensive research showing that buy and hold is almost always the better strategy.
"Fewer than 1% of mutual fund managers persistently beat the market based on superior market-timing or stock-picking skills."
But of course the average HotCopper investor is a better stock picker and market timer than the best fund managers.
FLC Price at posting:
83.0¢ Sentiment: Buy Disclosure: Held
