OTH 0.00% 84.5¢ onthehouse holdings limited

i'm out - this is like a visit to the dentist

  1. 1,137 Posts.
    Ive sold out of this stock this afternoon. This stock has been like a visit to the dentist - all good intentions and you know it will all work out well, but that drill seems to go on forever.

    Im sick of waiting for the market to like this, so i have cut my 50% loss and reinvested in another stock, a downtrodden energy stock with better upside potential.

    I dont think there is much downside risk to oth and i think the business is a good one. For some reason though, the market just isnt buying into it. I am sure oth will eventually do well, but i would have preferred if it was in my lifetime.

    What seemed like a good investment, and oth delivered on every prospectus forecast, just didnt work out share price wise and im not really sure why. Maybe anything connected with real estate is tained market wise. Best of luck oth holders. I sincerely wish you all the best.
 
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