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0.8¢ tv2u international limited

Well management hasn't done anything to keep your loyalty The...

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robpinoz

3,366 Posts.

5

11/08/16

18:44

Post #: 18498079
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Originally posted by Fitza ↑

Each to their own. I kept looking at the economic theory of 'opportunity cost ' which in the case of TV2 meant I was holding a falling stock, while others I wanted to invest in, were rising......but because I had a fair bit of capital stuck in TV2, I was reluctant to sell out and buy the rising stocks. Silly mistake that I do not usually make.

To put it another way, I was getting hit by a double whammy.......stocks rising that I wanted to be in, while at the same time, being in a stock that just kept falling. It is back to a fraction above the RTO list price.

I thought about it far too long, as I wanted to believe the Management would do the right thing and tell us shareholders what was going on? Nothing came from management. So I am out.

I should have sold at 2.8 cents or higher, when I first felt that 'hairs on the back of the head 'uneasy feeling about this stock.

Anyway, job done and I felt relaxed about it as soon as I had made the decision and hit the sell button.

All the above is my personal opinion. Feel free to disagree.

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Well management hasn't done anything to keep your loyalty

The next few anns are crucial

Have we made a $1 from om telecom yet?

TV2 Price at posting: 2.1¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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