reality check and newbies

A very interesting day indeed

We need a shake out to remove the non comitted and most will be gone never to be seen again ( except for that pest macrae - we have a bloke like him at work and yes he is a loser too - and ugly )

I have been investing for many years and do not trade but this is the first time I have seen so many traders fall in love with a stock (CR8 tibbs etc )
As a long term holder of more TOX than probably any one on hotcopper todays action was exactly what I was looking for - a shakedown and recovery all in one day.
Will TOX go to 10 c - yes but if your a trader you probably wont see it (psst uranium)

To the newbies :
Research Research Research

Trader V Investor

50% tax v 25% tax
Trade in and out v in at 2.4c out much later
Can't sleep v zzzzzzzzzzz

TOX from here :

It starts to get boring for the trader - $3.5 million profit, P/E ratios to deal with + $6 million in the bank next year and either an expansion or dividend

Yours with tongue in cheek

kawartha