Ah well, I asked to be roasted so I can't complain.
Personally I think Fengels comment "your speculating is nothing more than the ruminating of the ignorant" as more a turn of phrase than an actual insult.
Using the word ignorant in the literal meaning "not having enough knowledge, understanding, or information about something" -Cambridge Dictionary. In that situation that certainly applies to me!
"The only true wisdom is in knowing you know nothing." Socrates
That being said, I really appreciate the time that you have taken to answer my queries Sentia717.
I'm always very cautious about buying into a negative trend as I have paid a steep tuition in the past to learn that lesson. I would rather look for signs of a potential turning point and potential buy in price based on the limited information available. It's nice to be able to bounce ideas around.
Apparently Institutions own nearly 60% of this stock. These organisations have a big advantage over the retail investor when it comes to information. Places like HotCopper do help us out by allowing like minds to meet. There is a saying "iron sharpens iron".
It's funny. People will research in depth the potential purchase of a refrigerator or car, but be rather cavalier about allocating a similar amount of time on a speculation or investment.
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Ah well, I asked to be roasted so I can't complain.Personally I...
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