CAI 3.85% 13.5¢ calidus resources limited

If people are anxious or depressed they tend to overestimate...

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    If people are anxious or depressed they tend to overestimate risk. This happens when a stock falls, people are sitting on paper losses and then everything seems too risky. This is emotional reasoning (the reverse happens when prices soar). Your response to managements guidance that the current problems are limited and fixable is that “maybe there is something else” is of course a truism, but it applies to all stocks at all times and only has salience for this stock now if people are reasoning emotionally given the pain of sitting on losses.
    You appear to disagree and say other stocks are different. OK then, what are your criteria for deciding when to apply your argument. What makes you decide the risks of unknowns outweighs the knowns? You say it looks too complicated for me. Happy to learn from an expert…
 
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