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Consolidations are an admittance of failure and are usually a...

  1. 980 Posts.
    lightbulb Created with Sketch. 105
    In the brokers defence according to your quote he didn't say which Xmas wink.png

    I have recently sold the last of mine. I will keep watching the financials for an indication of real growth and may try to get back some of the house ($ value of a house) I have lost on this over the years. I've been extremely patient but enough is enough!
    Consolidations are an admittance of failure and are usually a disaster for long suffering holders. VTI springs to mind, fell heavily in the 8 months prior to a 100-1 consolidation and from memory is now only trading around 25 times pre consolidation price.
 
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