being accumulated, page-11

Thankyou Lachlan07,

It was more of a personal decision,Way I have looked at it is if ITE release positive results and the price rockets to 24c in one day , that would be something like a 33% gain, I could then buy back in, I feel the "certainty" is worth at least 33% in a company like ITE especially considering my overweight position, for me its a Win..Win.. situation, If results are great and the company is on track(which I hope it is), I can buy into a great company with much more growth over years to come, If results are negitive and the company isnt ripe just yet, then I know the companies I have just invested in are a more sure thing.
Nothing has been lost, so capital has been preserved, and I can buy in to ITE once it has proven itself as a growth stock,Which I believe it will, Its the time frame im uncertain about.

A few worthy sayings in regard to my decision:

Warren Buffet

"Rule No.1: Never lose money.
Rule No.2: Never forget rule No.1"

“a dollar in your hand today is worth more than a dollar tomorrow”

"a bird in the hand is worth two in the bush"


regards

AA