Current SP and any other thoughts, page-7515

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JasmineTea

377 Posts.

294

29/10/20

11:54

Post #: 48487306
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Originally posted by fooca: ↑

SMH, I don't know why your posts get reported versus actively debating the content of them, somewhat annoying that only the perceived "good" posts survive, I agree with both pro's and con's of a share as both help in investment thesis and any doubts cast over holdings only makes for more critiquing of the original analysis of why I purchased.

I have tried to recall your previous statement as accurately as I can ......
re: "Having sold out 23.5c and seeing the price at 17.5c yet the amount of abuse hurled shows that logic wins over emotional trading."

By your own admission, selling half your holding @$0.175 and the other half @ $0.235 (averages out at $0.205) versus, (again by your own admission) you purchased at an average cost basis of $0.50, by my "back of envelope" calculations makes it a deficit of $0.295 per share.
If that is the result of logical trading, then I'll take the emotional trading route anytime.

Just saying, but weren't you indicating of taking up an allotment in the SPP? it is the contrary statements made why posters (IMO) fail to pay heed to anything you say.

IMO, it is a little perplexing that as one of your concerns is somewhat alleviated (IMO) and rebutted with balanced and factual information, you proceed to find another, why don't you list all your concerns and I will (along with others, no doubt) try to counter debate (as best I can) based on the merit of each concern, if you think that would help.

cheers

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Hello @fooca,

Glad I did not listen to your financial advice and lose an additional 50% of my funds.

Instead of spending so much time analyzing my trading in great depth maybe focus on your own.

Will look to re-enter at a lower price.

Thanks,
Jas

MLL Price at posting: 14.8¢ Sentiment: Sell Disclosure: Not Held
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