ASQ 0.00% 2.5¢ australian silica quartz group ltd

asi recommends locking in profits, page-9

  1. 3,298 Posts.
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    Given some of the recommendations I must say I am not a huge fan of this newsletter. Also likes to have his cake & eat it, i.e. early this year was telling subscribers who purchased his BOW recommendation back late last year to lock in profits, yet still quotes the result as if subscribers were encouraged to hold all there shares. Guess if BAU run to say $1.50 plus no mention will ever be made on current comments of locking in profits currently. Personally I believe if you recommend say a 50% reduction in holdings to lock in profits your advertising & promotion of this event should reflect that you did make that call & not falsely claim all the share price increase.
    Also recommending an illiquid stock in a newsletter is poor form (not BAU).
    Personally think most BAU shareholders understand all they need to know on whether to buy or sell & don't have to rely on a newsletter recommendation over the longer term.
    Regards
    Buffett
    PS Whilst this recommendation could affect the short term price, it will be insignificant over the longer term.
 
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