Originally Posted by
McGinty
I have been away for a little over a week and imagine my surprise after reading Wednesdays announcement!
Well thank you for the lesson Mr Market :-)
When my Technical sell signal was triggered back in late June (price fell below $3.70), I wasn't listening.
When the death cross occurred in July, I wasn't watching.
When the share price failed to rally after crossing down through $3.50, I wasn't paying attention.
When there was relentless selling pressure in the 6 weeks leading up to this, I was in denial.
All these signals fell on deaf ears, as I believed that I knew better.
Well thank you Mr Market. You did your best to warn and educate me, but I didn't want to hear.
There is a positive out of this experience and that it is now a lesson (one which I will not forget).
Now I see the reason for all the continued selling and lack of buyers the last few months.
Now I see what the girl (management) I got friendly with and brought home at 3am last night, really looks like without makeup in the morning (how they really feel about retail investors).
Actions speak louder than words, and I read the TRA team's message loud and clear.
Will be an interesting AGM, as there are some good questions that should be put forward to management. This is the first real time I feel like they have dropped the ball (from a retail investor point of view).
No investment case left for me in this company. Solid downtrend and leaky boat for those in the club!
Will be price bound for ages IMHO between $3.02 and $3.35