It’s a matter of perspective and duration skid,
I emphasise with some short termers, particularly those who are new to it and perhaps are yet to fully realise the risks they take and their low probability success they have at it.
Cognisantly though, at the end of the day, anyone trying to make a greedy quick buck, and who fails, only has themselves to blame, it was self inflicted.
Whether they bought at 70c in 2013 and sold at 50c in 2014, or, whether they bought at $1.70 in 2014 and sold at 70c in 2015, or, whether they buy at $5 in 2017 and sell at $4 in 2018.
From a long term shareholder’s perspective it’s all just noise along the way, and a minority crying about ones greed driven failures in no way is a reflection on the long term strategic roll out of the company.
I do think though there is a case to say that the NZX is more fickle and volatile than say the NASDAQ, in less consistently appreciating the potential in growth companies, but that also is in no way a fair reason to relentlessly slander or trash Pacific Edge.
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