hi Ralph, it’s quite normal for intelligent people to change their opinion in light of new information. Yes, tradingASX was very bullish on this stock initially. That’s because, like many of us, he was caught up in the whirlwind of carefully orchestrated announcements by the company that give the false impression of huge potential.
However, when presented with new information about just how poorly the company is actually doing and how vacuous the announcements really are, he rightfully changed his mind.
The fact that you can’t see this really says a lot more about you than anything else.
CPH Price at posting:
14.0¢ Sentiment: Sell Disclosure: Not Held