Some interesting reading in the GDN threads relating to GDNO.
I can never understand why some traders fall in love with a stock and just will never give in or let it go. Maybe its like a football team and they have to barrack for them for life.
GDNO went from giving some traders a small loss to a large loss to a extremelely large loss to an absolute pounding.
I took a loss on GDNO but was happy to take it and look else where. I hold a large paper loss on GDN at present and now will just have to wait for a recovery which will come.
But there were so so many warning signs out on the oppies but still traders kept ramping and convincing themselves GDNO was a good bet.
Some of us got rubbished for posting our thoughts on the risks in GDNO and in most cases we got negative ratings.
I dont like to say it but, any one who got caught holding GDNO only has themselves to blame.
GDN Price at posting:
8.0¢ Sentiment: LT Buy Disclosure: Held