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From: | "ritchie marr" <ritchie_marr@hotmail.com> |
Date: | Sun, 09 Apr 2000 23:39:21 PDT |
We are now into the 5th week, of the proposed 4-6 week expected required time to issue a prospectus and thereby enable the listing of Bliss. Once it is out, then the ball can start rolling, whereas up until now, it has had a jail term effect, where no news was going to be possible for this length of time. Once the first announcement comes out, a succession will follow, esculating the exitiment as it gets closer to revelation time. News........any news, in this company seems to generate a fluctuation in the price, which is great for traders. It is the no news which is the slow and painful life relieving drain on the share price that we are all experiencing now. For my 2 cents, (And I tell you what, I feel like I have earnt it.....yes I too have had the colour drain out of my face on more than a few times with this company), is that something is happening, the people in the know, are getting smarter and smarter at generating sharevalue, (and obviously and rightly so personal wealth),( look at Quixel for example, and watch Advantage shares go up as the opportunity to gain Quixel shares pre-Nasq release, is given to them. So, yes it is a lot like when we were kids and Christmas day was approaching, the excitement of what would be in the stocking from Santa grew stronger everyday. May Santa deliver good things to us all, and wouldn't it be great if it was a mid year christmas special event. I probably need my head read, but I will be more accumulating if it makes it to 12c, and I already have a ridiculous amount. PS Never again in my career as a trader/investor will I ever fall in love with a stock as much as I did with AQL. Because when I fell out of love with it ( we are still friends ), I had accumulated so many that my ability, to trade in a semi diversified, and balanced manner with intelligent risk management was irradicated. It is a sobering thought to realise that if this company failed everything I have would be gone. May new investors learn from me , that no share is THAT good, that you should risk more than a set % of your portfolio on. I followed that advice at the beginning, but as it got cheaper, and I thought more news was coming, so I sold out of another share to buy up some more at that cheaper price ( some call this averaging down), and then it got cheaper, and so I did it again, etc. Now I am so involved, I am numb. Nothing effects me anyore. I have set my sell rate, and when it reaches that I will be out, and among the happiest people in our sharechat community. If it does, then I will learn how to start all over and learn from it. In the mean time I will accumulate more at 12c, as my optimism is my strongest asset, and may the news be forth coming sooner than later. Please don't use the forum to tell me I am stupid...I already know! Ritchie ______________________________________________________ Get Your Private, Free Email at http://www.hotmail.com ---------------------------------------------------------------------------- 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.
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