WR was a front man for other investors.. The others likely wanted their $$ at the moment, there are a lot of behind the scenes going on here.. this push down also exerts political pressure for the govt to sell their 14%...
Govt would be best to sell after BOI implements the dividend.. BOI is in negative P/E; this year, BOI will start valuation into positive P/E after they post results. Year end is 6 months away.. Mid term earnings report is in 4 weeks.. have patience and dont despair..
I've checked this out Wexford. I actually took the time to contact Lee site last week on a similar matter. The associated note indicating a deletion is more or less default. Can you get more vague than that. I don't think so....
You are fast learner, constant trading and following highs and lows feeds and cultivates the gambling instinct, creates unnecessary risk, leaves you atcthe mercy of the big boys and results in more charges not to mind the time it takes.
The temptation is always to try an creep a little gain here and there, but you're spot on this isnt investing it is gambling. There have been a number of shots where I thought about pulling out and buying back on the lower side. But now I'm glad I stuck to my original plan and I will continue to try and be patient until the time comes. Stick to the plan; I keep having to remind myself. good things come to those who wait...
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