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.