EPN 0.00% 2.4¢ epsilon healthcare limited

Letter to Alan Beasley, page-51

  1. 1,376 Posts.
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    The amount of "good analysis" on this is a worry.

    Understand the idea however you can not attribute short term SP variations to management. You just can't. If you do, you'll lose TONS on the stocks market.

    You then assume a lot of stuff, having no visibility at all into what's currently happening.

    It's absolutely normal that there are significant shares on sale from the side which lost the battle for control. Friends, families, investors who bought in the new model.

    The support is 50C. And pretty much the low on a weekly/ month basis.

    Markets are taking a beating, it's all connected and it'll bounce back. A few more weeks, which is great, because it gives time for new announcements, when the market becomes bullish again.

    And to respond to another post, "we small SHs never make any money because..." It's not the mindset.

    The winning mindset is where is 1/the industry going 2/this company going over 5 10 years 3/exit scenarios.

    In MC, those 3 parameters are looking amazing, therefore in this case, you make money by holding and buying dips. A dip like right now.

    If you wait long enough, you should be able to almost never sell at a loss, if you choose your industry well. With MC, you're in the right space.

    Also another mistake small holder make is diversifying their portfolio. Big mistake. Either you have a plan, either you diversify.
    Last edited by SorryNotOZ: 05/04/18
 
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