Yes, that is a fact too, Cobblers ....
I just posted on Yahoo, answering this same line of though and woulp put it to anyone who cares, to do the same here, on the ASX .... I wrote:
< I have often said .....
WHAT are we all here for, if it is NOT, percentages ???
You cannot (never) get 101 out of 100 - No more, no less.
Even Google won't give it to you.
So, it's percentage INCREASES is what we are all after.
Those, who bought @ $2.22c, are certainly behind at this very moment. Those that bought at that recent low of .55cps, are doing very nicely, thank you.
Whilst I have bought (& sold) LOOK (LOK in OZ) for a number of years now and AM well behind on my investments, of 22 (in recent times), small parcels I have purchased 15 are now 'in the black', at the close of trading, yesterday.
Now, I'll let YOU pick out FIVE (any five you care to choose) fully listed stocks, then post them here on this board and lets see if any ONE of those five, outpace LOOK (percentage wise), over the next 12 months. OK ??? >
So, I maintain that we invest in percentage gains only. It's what we choose (for whatever reason) as a vehicle to achieve those gains, (personel risk levels are always our own individual choice, the known/unknown form & how we assess it) and that the levels we enter at, are what make up those differences.
We all come from different angles & that is what makes a market, I suppose.
:)
LC
PS: Just my opinion, only.
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Yes, that is a fact too, Cobblers ....I just posted on Yahoo,...
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