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28/02/17
15:20
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Originally posted by lukeyc88
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I actually think people like Steve are the most valuable thing this forum has to offer. He will probably find something that others might miss since he is able to look at a stock from a neutral perspective. Something many people fail to do.
One thing I particularly like about Steve's posts is that he backs up his theories with figures and even references them to the financial reports.
If people only want to talk positive optimism about a stock I think it may end up setting them up for a bit of hardship in the long run. Its all good to say nice things about a stock to try to feel good on the day but come the share price drop further down the track they will end up paying for their lack of unbias analysis with their wallet rather than just a bit of stress and what could have been a smaller loss.
There is nothing more dangerous than optimism that is based off nothing but hope.
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Fair point. I like balance in my approach.
There is plenty of good stuff in the SPO results, its just that we are focused on the ugly stuff.
It's been a tough day at the office, but I am still happy to pick up more at these levels (or a bit lower).