NOR 2.27% 4.3¢ norwood systems limited

Disco.... I don't consider myself a downramper at all....

  1. 13,563 Posts.
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    Disco....
    I don't consider myself a downramper at all.
    Everything I've been saying the last few months about NOR has pretty much played out.
    The CR PO said they didn't need.....
    The fluffy announcements and transparent attempts to pump the SP.
    And the disappointing SP.
    I did think they'd be able to pump the SP a bit better than they have though.
    You'd have to admit I've been more right than wrong.

    And MBE.....
    Up almost 20% since I bought it.
    Also had a CR going on whilst NORs was happening.
    Also trading below CR price.
    But MBE placed shares with the likes of CBA where NOR placed with the Subiaco Sharks.
    Also Operating in the mobile industry ......but helping Telcos around the world generate More revenue.... growing a new pie where NOR is shrinking an old one.
    Regarding stop loss.... fair call.
    But , I'm not really a trader.... I had no plans to sell NOR while I believed what PO said. It's a good story.
    The best stop loss around is the scepticism you get from swimming with the Subiaco Sharks.
    I think I got a pretty good does of that!
 
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