HTG harvest technology group ltd

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-70

  1. 16,819 Posts.
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    Kevvy is suffering from a severe case of ITPS , impatience tipping point syndrome.

    It happens when you've been a fervent believer in a stock to the point of obsession, and when the timelines in your head aren't met something triggers a mental collapse where the pressure of continuing to hold it becomes too much and you relief sell and to justify your emotions taking over become a fervent sceptic . You can only see the negatives from thereon in.

    I wouldn't be too hard on him. Seen it happen many many times ,sometimes to experienced investors.

    The irony is this company is progressing at breakneck pace. Not everything will continue to go right but everything mostly has so far.

    Generally most people have no concept of what it takes or how long it takes to build a global company. All they ever see is the SP and in a naive connectivity jump presume what the SP does is in some way happening in real time in conjunction with what the company is doing.

    Likewise most companies that I've been involved with that get massive news uplifts are generally in a downtrend . Contrary to the bush philosophy of inexperienced investors that you 'follow the money'. They should ask themselves how many times they've copped a cardboard sandwich doing that.

    I'm perfectly happy with the progress and it will be interesting to see what emerges from Guilfoyle's time in the US. The company seems on the threshold of several catalysts but when and which ones emerge I have no idea. What the market is doing won't matter if they get it half right so it's an easy hold for me for however long it takes. But if patience and conviction until proven otherwise is not your thing don't do your head in by tracking it every day. Be like Kevvy , sell .But unlike Kevvy forget about it and move on to something else. This may take time.

    Just a few random thoughts for those interested.
 
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