General discussion, page-318

Was doing some reading of the STT thread and came across some points which seem quite pertinent/familiar to AJX....they were talking about ‘how to lose money on the market - common mistakes made by newbies, worst mistake(s) in your experience, what not to do generally"

Anyways thought the following were interesting and struck a chord with ajx

‘Believing anything management say (particularly with reference to specs). There's a lot of 'lifestyle' directors out there living the high life on huge salaries paid for by gullible investors.’

Learn how to read an announcement. Announcements are not ‘the truth’. They are a combination of marketing, spin and useful information. Consider that under the framework of continuous disclosure announcements are the lifeblood of small caps. Be wary of over-announcers and the exuberance of the HC community after each announcement.

Also probably something I suffer from....
‘Suffering from Confirmation Bias - reassuring yourself that a losing stock will come good eventually and seeing everything through rose-coloured glasses. Often happens after being in a dog stock for an extended period of time.‘

Hopefully something positive/concrete from ajx this week