You can't really blame Motley Fool or Citi, Goldman etc. They make a living researching and analysing stocks and selling their recommendations. These analysts are human and like you and I, they cannot foresee the future. At the time of recommendation, I am sure the historical results were pointing to a rosy future but thanks to the incompetent management, everything turned soured.
The only thing to blame is our luck, like I sold AC8 at 18c and the next day it went to 30c. If you ask Motley Fool or any other analyst that their recommendation is bad, they would say nobody can be right all the time. Why did you buy Paragon and not Afterpay instead? We recommended that too.
As for Paragon, I think the worse is still to come. With my experience in business, the second most important thing, after sales, is debt collection. If they can't even fix their systems to collect cash, what chance have they got?
You can't really blame Motley Fool or Citi, Goldman etc. They...
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Last
32.8¢ |
Change
0.003(0.77%) |
Mkt cap ! $218.7M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 32.8¢ | 32.0¢ | $46.56K | 143.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 44816 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 338480 | 9 |
View Market Depth
| Last trade - 13.22pm 19/04/2024 (20 minute delay) ? |
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Last
32.5¢ |
Change
0.003 ( 0.78 %) |
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| Open | High | Low | Volume | ||
| 32.3¢ | 32.5¢ | 32.3¢ | 31927 | ||
| Last updated 13.46pm 19/04/2024 ? | |||||
| PGC (ASX) Chart |