Ann: Voluntary Suspension Extension Request, page-73

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Ash90

342 Posts.

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26/05/18

17:41

Post #: 33321449
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Originally posted by Basileus ↑

Afternoon again @HeadKandee

One more point. In my view, the most post by @gutumike did not address anything of substance and attracted 16 or so TU.

The reason why it attracts TU is because posters push the 'like' button because in confirms their existing bias. That's a risky attitude to take when investing your dollars.

We all feel good when we see stuff that confirms our beliefs and we hate stuff that might say we got it wrong.

By way of an example, I hold a rather large parcel of TPM. I do not like reading negative stuff (their recent foray into the mobile market caused anxiety across the market) about the company but because I have a larger sum invested, I always force myself to listen to and read the negative stuff. I use that to protect my capital. I also held TLS shares for over 20 years. No one could talk me out of the wisdom of my decision to hold. I recently sold 60,000 shares at $3.15 - dumped the whole lot. There were questions being asked and I pursued the negative points and made my decision. The price recently hit $2.76 - I read many negative posts which didn't agree with my existing bias and thought hmm ... it's time to exit. Might go back. HoweverBy selling I am $24,000 better off.

Lesson - read the negative stuff - it could save you a tidy sum of your hard earned.

Otherwise, carry on and see how you go. In the end people learn their own lessons. It's just a question of how much it will cost you.

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Hi Bas, You bring a lot of good with your contrarian comments which is a bit ironic But you would surely agree that the red tractor deal was a positive move in the right direction? The legally binding MOU with burleigh heads also? Whatever this Ann is, let's hope it's positive

QBL Price at posting: 4.9¢ Sentiment: Hold Disclosure: Held
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