BUD 0.00% 0.6¢ buddy technologies ltd

The specific shareprice, especially of a speculative company...

  1. 737 Posts.
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    The specific shareprice, especially of a speculative company (which Buddy is at this stage) is volatile and unpredictable at best. Gloating about your (or others') ability to predict its direction, short-term, shows little more than an 'I-told-you-so' attitude.

    The majority of those disagreeing with your opinion of the business are basing their sentiment on the business, its potential and the team behind it, which has not changed recently despite the suspension etc. Whether the SP goes to .15, .20, .30 in the short-term, without any announcement or change in the underlying business, proves nothing to anyone other than the market is volatile and unpredictable. Fundamentally the company has not changed.

    I welcome and appreciate contrarian views. However, bragging about being right without any actual change in underlying facts of the business is poor form and says more about your character than anything. Just as I would not be gloating if (*when) the SP went to .25.
 
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