NOR 2.22% 4.4¢ norwood systems limited

Ann: Strategic Agreement with Leading Provider of Software, page-30

  1. 99 Posts.
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    Holla,


    It is not a crime to change your mind. 


    If you were open to changed circumstances, and information in general, you could be sitting on a 20% loss also. Instead, you have lost a king's ransom because you have buried your head in the sand, and doubled/tripled/quadrupled down. This is called 'Escalation of commitment':


    Escalation of commitment is a human behavior pattern in which an individual or group facing increasingly negative outcomes from some decision, action, or investment nevertheless continues the same behavior rather than alter course.


    Worse, your religious fervour has sucked a lot of punters into following what has always been a doomed path. Many other posters, including myself (people who you would call the 'Sell/Not Held' crowd, or permabears, or downers, or bitter ex-holders etc etc) have tried to innoculate newbies to the baseless propaganda that you espouse. Hopefully, we may have been successful on occasions. 


    This goose is cooked. When will you admit that this is the case? 0.3c? 0.2c? 0.1c?


    When?


    Merry Xmas




 
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