Forum Archive Index - February 2002

["Nick Kearney" <nickk@quicksilver.net.nz>]

Andrew

You said "Some posts ask such basic questions like why is this * share price
falling.  When all they have to do is read the paper, turn on the TV or
radio an listen to the news. Or even easier look at the company news
releases on the Intranet..."

I have a better theory.....there are more sellers than buyers!

Easy really.  Get out of the stock if this is happening without concerning
yourself about why.  Just accept it is!

Cheers

Nk











----- Original Message -----
From: "Andrew Smith" <smith5@free.net.nz>
To: <sharechat@sharechat.co.nz>
Sent: Friday, February 22, 2002 9:27 AM
Subject: Re: [sharechat] AHH no posts , buying time approaching :-)


> I agree Hugh
>
> Some posts ask such basic questions like why is this * share price
falling.
> When all they have to do is read the paper, turn on the TV or radio an
> listen to the news. Or even easier look at the company news releases on
the
> Intranet which are supplied by most ISP's. An example was a question on
> Telecom a couple of days ago, why was the share price falling( I don't
think
> it got an answer). I don't know about everyone else but it does take time
to
> answer. So my thoughts are, don't expect answers to questions that have
> answered many times in the past. Or to ones that are that blatantly simple
> that just a little research could have found the answer.
>
> As for the market, I'm real happy TTP has started to move (very over
> weighted) should announce in a few days that it will restore dividends.
> Should hit 40 cents in no time at all.
>
> Cheers Andrew
> ----- Original Message -----
> From: "hugh webber" <hugh.webber@clear.net.nz>
> To: <sharechat@sharechat.co.nz>
> Sent: Friday, February 22, 2002 6:55 AM
> Subject: Re: [sharechat] AHH no posts , buying time approaching :-)
>
>
> > The decline and fall of Western Civilisation and Capitilism has often
been
> predicted, most
> > recently by Brezhnev of the Soviet Union and Osama bin Laden of Al
Qaeda.
> >
> > Its interesting that the problems of the NZ education system and NZ
> socialism can
> > traced within the tirades against the absence of posts on Sharechat
> lately.
> >
> > My view is that we have a relative absence of attractive buying, a
> relative absence
> > of news and a static sharemarket in price terms which all make for an
> absence of
> > posts.
> >
> > To expect to have all, or even any, of one's posts answered by other
> independent
> > human beings who are not employed by Sharechat is....breathtaking. (I've
> had a number of mine not
> > answered over the years but I've managed to avoid a nervous breakdown).
> >
> > It betrays the presence of the Me/Now generation, the spoon fed people.
> >
> > As a value investor I expect long periods of "nothing" as my investments
> quietly continue making
> > profits until the next half year report. That's within my parameters and
> I'll achieve my major
> > objective at the end of next year just by re-investment of profits and
new
> savings without relying
> > on magical performances from gold, ITC, or commodity stocks like Carter
> Holt.
> >
> > Usually the absence of news is filled by a plethora of "technical" posts
> and we had that but as the
> > NZSE keeps rolling along in a straight line then even the chartists get
> bored with projecting more
> > of the same.
> >
> > Its really an attitude problem. People need to make things happen
> themselves not rely on others or
> > the government.
> >
> > And if I was going through education in NZ at the moment I'd ditch all
the
> NZQA approved turn up to
> > class and you'll get a certificate stuff in favour of doing the
> International Baccalaureate.
> > Degrees in maori Myths and Legends, basket weaving, and in being PC just
> won't hack it overseas,
> > or, increasingly, in NZ in the future. We can't isolate ourselves in a
> long white cloud of cotton
> > wool.
> >
> > Get stuck in yourselves.
> >
> > cheers,
> > Hugh
> >
> >
> >
>
> --------------------------------------------------------------------------
> --
> > To remove yourself from this list, please use the form at
> > http://www.sharechat.co.nz/chat/forum/
> >
>
>
> --------------------------------------------------------------------------
--
> To remove yourself from this list, please use the form at
> http://www.sharechat.co.nz/chat/forum/
>
>


----------------------------------------------------------------------------
To remove yourself from this list, please use the form at
http://www.sharechat.co.nz/chat/forum/