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Ann: Share Purchase Plan Extension-PIO.AX, page-112

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borizarius

23 Posts.

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14/07/16

19:49

Post #: 18272974
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Originally posted by Basileus ↑

Seriously - some people on this thread have appear to have some very profound cognitive processing issues. I will try and simplify.

Of course I am hoping for the PIO SP to sink (not too far). You bet I am. I want to buy some cheap shares and sell them for a profit. Did someone want to do the opposite?

Would I buy your shares cheaply and happily sell them back to you for twice or three times the price - yes absolutely - no doubt - in the blink of an eye. That is called trading.

Thing is - we are all the same - in the end!!

In fact - the long term holders here bought their shares cheap as well - some on here claim for under 1c. Who did they buy their shares off? I suppose they were doing the seller a favour wheras I am doing a dis-service? Really! Or, are the shares they purchased the product of some immaculate conception?

And what is even a more damming indictment of the faithful brigade - are they going to tell me that they wont sell their shares even if the price went to $1.00 or maybe $5.00? Of course they will. So they bought shares at a low price and will sell them higher. If not - there is no point to any of their buying. So how are they any different to the very people they Ddisparage? Clear question is - "... how are you any different?"

In reality LT holders are just traders with a longer term view - still traders nonetheless. The one point of difference is that I do not want to belong to the PIO supporters club. I did not drink the PIO Kool Aid. I am not afraid to question the SPP. I will never fawn over or kowtow to the views of any single poster (even the self annointed King Pallister). It is very difficult to comprehend why any sane adult would be asking when he is coming back (apparently he can help some deal with the naysayers - really? - seriously?). Whoever wrote that ought to be suitably embarrased. Are they not capable of forming and articulating their own views?

The long term holders are doing what I am doing but on a longer time frame. Or (and please don't tell me) are they planing on holding their precious PIO bounty for life?

Why are those very simple facts so hard to understand - for some - it would appear?

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simple answer: the main goal in LT holding is getting quarterly dividends per share

PIO Price at posting: 3.3¢ Sentiment: Hold Disclosure: Held
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Ann: Share Purchase Plan Extension-PIO.AX, page-112

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