ROC rocketboots limited

Sharks It's easier to blame management than admit you either got...

  1. 20,767 Posts.
    lightbulb Created with Sketch. 2134
    Sharks
    It's easier to blame management than admit you either got the call wrong or failed to act when things changed .
    I think one needs to understand the inv decisions need to be fluid , the initial decision may have been fine, but things can change meaning it's no longer fine , and that's the hard part . One thing I like about TA is their ability to sell without emotion . A good FA investor needs to know that the F can change quickly and they to need to sell with limited emotion even if it means taking a loss

    As you know even though I invest through FA , I have found TA very useful. As an example I exited PDN post their partial asset sale . The stock opened in the mid 60s ,
    Peaked at 66 and closed in the high 50s . Even though my decision to re enter was made from an FA perspective , I knew the weak close post what was good news was likely to continue for a while . So I delayed my FA decision as long as I could and bought at 48.5 due to tA

    Both are useful , but looking at both even if you are better or favour one is still ideal
    Btw - Bazza wasn't rubbishing TA , he has been rubbishing anything that is remotely positive. I am glad for him the painful journey is over , I may have even bought some of his shares if he sold at 47.5 c
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
8.3¢
Change
0.000(0.00%)
Mkt cap ! $12.08M
Open High Low Value Volume
8.3¢ 8.3¢ 8.3¢ $17 202

Buyers (Bids)

No. Vol. Price($)
1 60000 8.1¢
 

Sellers (Offers)

Price($) Vol. No.
8.3¢ 109119 1
View Market Depth
Last trade - 15.08pm 25/06/2025 (20 minute delay) ?
ROC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.