"And all 5 companies fall 20% on a bad day on the ASX... What have you done? sold the shares ... and the next day they rebound.
All you have done is take a 100% loss over the 5 companies for no reason.
This is based on doing Research before buying.
Also one other thing adwebster , Don't say someone is wrong until you listen to them, this is a discussion and i am keen to listen to what you have to say. But the reality is NO ONE is wrong. ( In each persons mind they are right )"
adwebster, unfortunately, in this case you are wrong - 20% fall in 5 companies, still only adds up to a 20% fall overall, not 100%.
Also, you need to think about this - Research before buying cannot insulate you from unforeseen circumstances which are happening each and every day.