IMS (ASX) Why

Originally posted by longshot41 ↑

Q, like Pokerface I absolutely cleaned up by buying most of mine at 2 & 5c and sold plenty at 32c & 25c as I needed cash to pay for my reno and thought I'd better take some off the table. Boy am I glad I did that given the free-fall.

So that's a tidy 1600% and 1250% on significant dollars. So MBE has been life changing for me and I've kept a big parcel and added a stack more recently at 5.4, 5.5 & 8.6c with an overall average of 5.4c. My old average was 5.1c.

So this is why I don't worry about little "pissy" low % trades, it's boring and not my style. But I also respect there is a very handy living from trading the stock. I don't have time unfortunately as I have to run my business which consumes most of my life.

My advice is to buy as many as you can at these levels, look at their past form and decide whether it's likely they will climb to 20-25c based on their marketing model and simple EPS growth. My view is their original marketing model is now back in focus with the brains behind it is now the CEO. C2B is going to add another $2.5 EBITDA from the get-go plus integration efficiencies and organic growth.

It's heading north IMO, just how quickly is the only question which is why I'm ready for another big kill with my mate Poker, Ados and my other mates in the top 20.

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So why then in 2016 at 32 cents and 25 cents was your sentiment *buy*. Thoughout the years of 2015 and 2016, never did your sentiment once change to *hold* or *sell*.

Going through your post history (which I have done), the evidence does not match with what you are now saying. You were super bullish during these periods, yet you now say you sold for monster profits, yet you had no clue about the problems that would come later? Cmon mate. Your either telling us a furfy now, or you have been for the last couple years throughout 2015 and 2016.

Your previous advice was to buy at these prices 32 & 25 cents, you were even saying things like taking from *the weak hands* inferring that you were going to load up, not only that you were talking up a 1 dollar share price Party.

You in fact called it a *screaming buy at 28 cents*.

Heres another one

Beany my family and mates have been completely greedy and are very happy to sit on our substantial parcels for this short term dip to do its thing due to the irrational humans selling not only with MBE, but others in the same sector.

The fundamentals and OS success will become apparent sooner than you think IMO.

And yes it's the best time to accumulate IMO, a bit like a pre Xmas sale.

Ho Ho Ho
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MBE (ASX)
Price at posting: 25.5¢
Sentiment: Buy
Disclosure: Held