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31/08/16
17:37
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Originally posted by pargolf
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Thanks for the reply, Mossums, but at my age, I don't fancy a drama with the lawyers, so have to decline your request. I have been investing for quite a while and again, thanks for the advice but I don't beat myself up over losses, had plenty, but also more than enough substantial profits not to be unduly concerned.
However, the stock has fallen nearly 25 per cent in the last few weeks, mostly in the last week.
I find that strange for a stock of this nature. Was the market sufficiently informed?
Yes, I should have perhaps dug deeper, think I said as much. One of the things I would have gone into is what was behind the huge intangibles. No need for a lecture on NTAs nor how goodwill is created. It has been known to come about in some companies by virtue of inflated values of assets backed in to the entity from a vendor (not implying anything of that nature here)
Good luck with with your investments and could I suggest perhaps a little less patronising attitude to other posters in future.
pargolf
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Wasnt intending to patronise, have just seen too many get hung up in the emotion and injustice of the market at their cost so was trying to balance your post with an alternative viewpoint for fellow investors. I think the little bounce shows ypi can make money even when the sky appears to be falling.