RDF 0.00% 95.8¢ redflex holdings limited

know when to fold em?, page-8

  1. 3,704 Posts.
    Hi Rod long time no speak.

    I think you can take an evangelical "save the company" path, which will do you no good, or you can move on.

    As a trader/investor it is dangerous to be too much in love with a company as I have found to my detriment on a number of occasions.

    The stock is clearly in a stage 3 sideways move (at best) with the danger of a stage 4 decline.

    The odds are just not in your favour. There are much better bets elsewhere.

    I have posted earlier about some of the shennanigans going on in the Melbourne office and I can't see that office getting better until they clear out the dross running the place.

    There are many wonderful opportunities elsewhere.

    BDG is a winner. Give it a look when you get a chance.

 
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