Yep, agree with this. Unfortunately I have done exactly the same thing and recently sold out for a loss. Lost faith in the company after a recent phone conversation with senior management left me feeling less than confident. I got the feeling that conditions in the cloud industry have become much harder compared to two years ago. And some of the company's acquisitions haven't been as good as hoped.
So disappointed.
In hindsight I should have sold out for a nice profit in January last year and put it all into BHP or FMG which were very cheap at the time.
The lessons here are to take money off the table and take a decent profit on speculative stocks like BPF when you can;don't get sucked into the growth story; and set a stop loss so you're not left holding on to a falling stock with false hope for far too long.
I hope the company can turn it around but I think there are better investment opportunities elsewhere at the moment.
GLTAH
BPF Price at posting:
20.5¢ Sentiment: None Disclosure: Not Held
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