Forum Archive Index - February 2000

["tennyson@caverock.net.nz" <tennyson@caverock.net.nz>]

>
> So far media recommend to invest in our industry shares.
> Those are undervalued for years. Lately even more.
> Looks like we should  to cover holes, so other offshore investors can
> withdraw on better price.
> Same time our Tech stocks dropped a bit, but not as much.
> Exactly same situation is in US with Dow Jones and NASDAQ. (Just
> comparing both graphs)
> In my opinion better hold on to tech stock then follow the media advice.
>
>
Derek, although there is something to be said for being a conrtarian 
investor I would hate to see a newbie investor lose most of their 
money so I will point out the flaws in your argument.
> 
> Bubble? It is up to us, if we hold on - nothing happen, if we go chain
> reaction - here we go.
>
Who is 'we'?   The only thing that is needed for a share price to go 
down is for there to be a significant greater number of sellers than 
buyers.  If a holder of only 1% of the shares on issue decides to 
sell and no-one wants to buy, this alone will be enough to cause the 
share price to crash.  It doesn't matter that the other 99% of shares 
on issue do not change hands.

I don't think it realistic to expect to control the 'we' in a 
publically listed  company.
>
> When we loose money?
>
'loose money' (sic) should be 'invested' with the TAB for a bit of 
fun
>
> Only if we start selling on lower price we bought.
>
Completely wrong.   When the share price goes down you have lost 
money.   Just because you didn't crystallize your loss or read the 
paper that day doesn't mean it didn't happen.   Of course if you 
aren't comfortable with volatility , you shouldn't be invested in the 
sharemarket. SNOOPY


---------------------------------
Message sent by Snoopy 
e-mail  tennyson@caverock.net.nz
on Pegasus Mail version 2.55
----------------------------------
"You can tell me I'm wrong twice, 
but that still only makes me wrong once."

----------------------------------------------------------------------------
http://www.sharechat.co.nz/          New Zealand's home for market investors
To remove yourself from this list, please us the form at
http://www.sharechat.co.nz/forum.html.