Originally Posted by
Dentie
Hi MAC,
You ripped the above words out of my mouth - nice one!! However, it has been apparent to me for some time, this is a waste of time and effort on here. You, Miner and Hancocks in particular have done a sterling job in presenting the facts - which I for one thank you all for and have learnt so much about the technical side of things. I have been INVESTED in PEB since 2008/09 with Hancocks and yourself being INVESTED a lot longer than that.
It has dawned on me that "the INVESTED Bull's" have been unwittingly sucked into trying to justify why we are involved in PEB .... by "those others" (who will remain nameless) but are all so glaring obvious by their comments. All that has been achieved by the likes of Hancocks, yourself and Miner etc is the "filling in of the gaps" for "those others".
I have never believed PEB is a trading stock to date - and have stated as much more than once on here (it is still not yet one, IMVHO!!). I was immediately attacked by "those others" - who stated "I have been happily trading PEB ... blah, blah, blah". I believe it was these "traders" who pushed the SP up to those silly heights - including "those others" - and then the more experienced of "those others" eventually sold their shareholding - until they had none. Good luck to them.
The point of this particular tirade is this....
"Those others" have never been INVESTED in PEB. They have clearly seen PEB as one of those perfect "speculative" growth stocks. They have researched what the company does, its market, its future, its undervalued SP etc etc etc and come in - made as much as they could before the market even looks like maturing and then taken all their money off the table. They are opportunistic TRADERS (for want of a more appropriate word), who scalp and manipulate (etc) their way to grabbing as much $$$ as quickly as possible. PEB is just a vehicle for them to do this. They no doubt do the same play with other firms who are just trying to develop their business model.
Once (and ONLY after) they have got ALL their dosh off the table, "those others" then start with their smug, sanctimonious and know-it-all comments about how silly the rest of us are and how PEB (in this case) is not going to succeed because of a lack of marketing and selling & this and that etc. I just feel sorry for those less experienced INVESTORS & other newbies (the fodder of "those others") who are venturing into equities as an alternative investing platform to bank deposits.
I have read this thread along the way ... and I've never seen the recent comments by "those others", while they still had their money on the table. Words like "Legend", "Guru" and the like are inconsistent with the comments from "those others". In fact they are a joke ... and can be very misleading.
Meanwhile...PEB is just going on with developing their business model. Whether their FY15 revenue is $100,000...$500,000...$3m...or $10m - I'll still be there as a true INVESTOR and what will be will be.