LUM 0.00% 2.3¢ lumacom limited

re: the politics of laying blame Thanks Golam, That is really...

  1. 22,691 Posts.
    re: the politics of laying blame Thanks Golam,

    That is really appreciated.

    Blaming of somewhat high profile posters is often done by people who have contributed little.

    I use Disclaimers in many posts. These make the investor responsible for his/her action.

    However, in times like these, some are looking for scapegoats and refuse to acknowledge their own role in this.

    I'll continue the work I am doing and I have been asked from time to time to do just that.

    The latest series of posts concerns PGL:
    http://www.hotcopper.com.au/post_thread.asp?fid=1&tid=90363#245701

    The first post of 3 was written yesterday when the share price was about $1.65, at the end of day it was $1.80.

    Overnight it rose to $2.14. Who did all the ramping?

    It just happened that Avastin got approval from FDA for a similar (not the same) product.

    Yes, foreigners do read threads after midnight and this one had visits as well but I would say that the Avastin approval did it.

    But nothing is straight forward. I had thought that NAL wouldn't have corrected as much as it did as I consider it to be a good stock. It should have been listed at the Nasdaq long ago.

    And of course, the Inquisition was waiting at the bottom of the cliff.

    That is the nature of things.

    Gerry
 
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