TIH 0.00% 0.0¢ tillegrah limited

I think LWP has a good future, this is my opinion only and i...

  1. 74 Posts.
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    I think LWP has a good future, this is my opinion only and i have bought into the company believing that.
    No clown on this forum is going to change my mind about it, all the haters just make people panic and sellout and then complain about the company because they have made a loss. I am in it for the long term, at least by the end of 2016.

    Shares will always be a gamble (educated gamble) especially if you want to make money thats worth your while and there are many companies that go big. For example I made a heap on Nearmaps when if first got onto the market bought in at 20c and sold out at 60c now they are at 40c, and they are not growing any more because they are at their worth.

    I believe LWP is worth much more than what they are at the moment, over long term i believe i can see them around the 3c-5c. I believe that there are at least a handful of companies out there that would be interested in saving money for oil and gas industry. We are also talking about big saving over long term.

    So if your, your in and if your out, then get over your loss and move on.

    In the words for Warren Buffet.

    An excerpt from Buffett's letter includes five main principles of investing:
    • Keep it simple and steady: "When promised quick profits, respond with a quick 'no.'"
    • Focus on the big picture: "Focus on the future productivity of the asset you are considering. If you don't feel comfortable making a rough estimate of the asset's future earnings, just forget it and move on."
    • Don't speculate: "Half of all coin-flippers will win their first toss; none of those winners has an expectation of profit if he continues to play the game. And the fact that a given asset has appreciated in the recent past is never a reason to buy it."
    • Don't obsess over the small picture: "Games are won by players who focus on the playing field — not by those whose eyes are glued to the scoreboard. If you can enjoy Saturdays and Sundays without looking at stock prices, give it a try on weekdays."
    • Market predictions are a waste of time: "Forming macro opinions or listening to the macro or market predictions of others is a waste of time. Indeed, it is dangerous because it may blur your vision of the facts that are truly important."
 
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