What goes up must come down and vice versa as long as they don't go bust thats when the preverbial hits the fan. I think they will make a comeback but when?
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What goes up must come down and vice versa as long as they don't go bust thats when the preverbial hits the fan. I think they will make a comeback but when?
HIAWATHA it certainly looks like it dont you think?. Who in their right mind would hold on to RBD averaging down making excuses for the company. We need people like that in the market other wise the market would collapse. MACDUNK.Quote:
quote:[i]Originally posted by hiawatha/quote]
"Real investing world"? You reckon that's the world you inhabit?
Oh please!!
hiawatha
MacdunkQuote:
quote:Originally posted by duncan macgregor
HIAWATHA it certainly looks like it dont you think?. Who in their right mind would hold on to RBD averaging down making excuses for the company. We need people like that in the market other wise the market would collapse. MACDUNK.Quote:
quote:[i]Originally posted by hiawatha/quote]
"Real investing world"? You reckon that's the world you inhabit?
Oh please!!
hiawatha
The NZX needs investors to buy into the likes of RBD, Burgerfuel etc
Makes my decision to buy into ASX stocks while the $ is high all the better. ;)
I think its a lot more morbid to own RBD than to post about it. [:p]
...it's strange that in a forum dedicated to discussion about investing in specific securities, those with a positive view on a security often seem quite put out about the views of those who think otherwise. There is some irony in the insecurity accusation leveled at Phaedrus. Particularly as his post just states the obvious - the shares have diminished in value across numerous time frames. But then owning these securities might well expose my insecurities too.
I disagree I think these guys are just indulging in an inate desire to help their fellow man its a nurturing sort of thing a bit like teaching a kid about the stranger danger.
I have often wondered what motivates Mr P . Whenever a stock goes into a downtrend then he is sure to pop up with a chart telling us where he would of bought and sold (see sealegs thread, or charlies or almost any other for that matter).
My own theory is that he works for one of the software companies, with metastock at around a 1000 dollars including data this is a fertile hunting ground for new recruits
Posted - 03/07/2002 : 6:29:18 PM
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I bought this stock a year or two back at 1.00, was a good bargain. Now i would say its fairly priced, if it goes to 1.60 i will too be thinkin about it
ratkin
I did sell out soon after for a nice profit, the stock hasnt been all bad.
My bargain radar is once again starting to point in the direction of RBD havent held for five years now but the time may be arriving to go in again , my instinct tells me something going to happen soon (within months)
I am a value investor. Short term trend doesnt affect me at all. More an opportunity to accumulate more shares. :) If you follow the trend all the time than you too can miss out on such stocks like WHS when the market got it so so wrong. The WHS drifted downwards for a long period of time around $3-4 and then BANG! T/O came the the SP hit as high as over $7... yes Bling did own a very small bit of WHS.. thank you! :)
Bling is happy to buy more RBD if it does come down to 80 cents.:D:D
So was I :)Quote:
quote:Originally posted by hiawatha
Why?
I was referring to mental attitudes, not the ownership or non ownership of shares.
I cannot understand the fixation that someone needs to own a share to comment about it. If you want to invite comment from holders only, you will get an ownership bias - obviously on some level holders are optimistic or positive about the company. To restrict input to optimists only is not balanced and does not serve holders nor potential holders of the share. Criticism and debate are healthy for everyone (even if RBD holders must suffer the "I told you so" smugness of non holders).Quote:
quote:Originally posted by hiawatha
I cannot understand why the likes of MacDunk and Phaedrus keep rabitting on about shares that they don't own.
I see precisely the opposite. If you are questioning the validity of someone's contribution (rather than their contribution itself) just because it does not match your own position, the insecurity does not rest with them.Quote:
quote:Originally posted by hiawatha
It seems to me to be evidence of a need for reassurance.
I think that would more logically need to be closet non owners wanting to drive down the price before purchasing. But like any argument I can reverse it. Perhaps the RBD optimists are just trying to give their under-performing investment a boost with positive commentary? ...but irrespective it would be better to focus on the message than the messenger. It sharpens your own logic and decision making to analyse opposing views and determine their merit. The group think of "me too" fan boys (and girls) is asking to be punished by the market.Quote:
quote:Originally posted by hiawatha
Unless of course they are in fact "closet" owners hoping to drive the price down so that they can purchase more.
I am also a value investor and short term does affect me greatly. If I am lining up a long term investment in the fast food industry, which is my better entry - $2.50 or 87 cents? But to look at RBD and call the current share price a short term outcome is to not give the company it's due credit. They have been diligent at earning this particular share price re-rating and it his not been "short" in the making.Quote:
quote:Originally posted by Bling_Bling
I am a value investor. Short term trend doesnt affect me at all.
Hiawatha and Ratkin, your replies are perfect examples of Argumentum ad Hominem. Briefly, this is defined as
"An attempt to prove someone wrong by trying to discredit his person, instead of arguing against his ideas. Generally used by people who disagree with someone but cannot find anything logically wrong with their statements.
A debater commits the Ad Hominem Fallacy when he introduces irrelevant personal premisses about his opponent, in the hope that such red herrings may successfully distract the opponent or the audience from the topic of the debate."
The topic here is RBD. The posted chart graphically demonstrates that this stock is a long-term destroyer of value. It also clearly shows the current downtrend. Given the fact that it is not hard to find fundamentally and technically sound NZ stocks, I am genuinely puzzled as to why stocks such as TEL and RBD generate such high levels of interest.
First time you have admitted holding this dog HIAWATHA. Nice to see you fronting up after hiding in the closet for all those years. This must be one of the worst investments an Indian could make on the cowboy exchange.:D:D:D MacdunkQuote:
quote:Originally posted by hiawatha
But they don't actually contribute anything. All they do is pat themselves on the back for not being holders, and jeer at the rest of us for holding. They can hardly be surprised if we jeer right back.
hiawatha
Phaedrus has a good point come on as long as both sides of the coin are discussed then its a balanced thread i mean hiawatha if u want a thread about how great RBD is going to be then do it but as long as people back up there arguments you have no right to complain about other peoples views on the stock. You dont have to hold a stock to have strong views about it and how lame would the thread be if only those with RBD wrote on it im not sure how you could be positive about the share price after Phaedrus graphics.
well if they are both egging each other on its guna continue so just stick with the facts peoples
hey mac .... one of your best comments yet ..... made me laugh .... really did mateQuote:
quote:Originally posted by duncan macgregor
This must be one of the worst investments an Indian could make on the cowboy exchange.:D:D:D Macdunk
I too do not disagree with what Phaedrus is saying , its his motivation i question.
Any five year old can see that RBD has been in a downtrend , is there any need to have it pointed out in such a smug and superior sounding manner?.
Hardly suprising that holders will be a little antagonised.
I wouldnt object quite so much if he pointed out the buy and sell points in real time, but he often makes his first appearance on a thread once the action is over, usually accompanied by a chart which points out where he would of bought and sold , when he has in reality done neither.
YOUR right rat he is yesterdays chart man but not tomorrow's MAN..[8D]Quote:
quote:Originally posted by ratkin
I too do not disagree with what Phaedrus is saying , its his motivation i question.
Any five year old can see that RBD has been in a downtrend , is there any need to have it pointed out in such a smug and superior sounding manner?.
Hardly suprising that holders will be a little antagonised.
I wouldnt object quite so much if he pointed out the buy and sell points in real time, but he often makes his first appearance on a thread once the action is over, usually accompanied by a chart which points out where he would of bought and sold , when he has in reality done neither.
"I wouldnt object quite so much if he pointed out the buy and sell points in real time"
Ratkin, I post plenty of charts giving buy or sell signals in real time. For example, [u]just this week</u> I posted a breakout from a trading range 'Buy' signal on NZO - on the actual day of the breakout. How could I possibly do any better than that?
"He often makes his first appearance on a thread once the action is over, usually accompanied by a chart which points out where he would of bought and sold , when he has in reality done neither."
What I myself do is totally irrelevant. Whether I bought, sold, held or did nothing, the chart would be exactly the same. Did I personally follow the buy and sell signals as shown on the NZO chart? Well, yes I did, actually. Not that it is any of your business.
Ratkin, many of the charts I post are to show the current status of individual stocks and therefore may not feature any recent signals. These generally take the form of :-
(1) AIR is in a steady uptrend - why would you want to sell? Why not wait until......etc.
or (2) RBD is in a downtrend - why would you want to buy? Why not wait for......etc.
You must surely realise that it would be a huge job for me to post every buy and every sell signal on every NZX stock! Why would I? Just so some twit like you can question my motivation?
Bricks, if you could give me the name of someone that could post tomorrow's chart, I would be forever in your debt. I should perhaps point out that Ratkin in fact agrees with what I say, he just doesn't like the way I say it. He's a bit sensitive like that.
:D
Wow Phaedrus, you could have saved so much angst by just posting next weeks chart. This is all your fault after all. Years of posting historical trend lines wasted when all it would have taken was a single space-time-continuum hopping post. The logic is compelling after all - who wants to waste time on probability enhancing trend analysis when we can just go straight to the next weeks / months / years price?
PHAEDRUS, Pay no attention to some of these clowns they are either playing silly buggers or will end up going broke. Its almost as frustrating as trying to teach an eight year old dummy kid the nine times table. I sometimes wonder if they really are as stupid as they pretend, and if they are, how the hell have they got the money to invest in the share market. It really boils down to the fact that it gives me a great deal of confidence having them compete with me in the market. I thought i was pretty lucky being over 100% up in six months, but reading what some of these clowns say, i think luck has nothing to do with it. Keep your charts, and comments coming some of us appreciate them. Macdunk