RE: Todays drop21 Dec 2020 22:36
Thanks Shed. Investing / trading is a hobby I've decided to turn into an income and I love learning. All my professional life I've studied human behaviour and how to turn that into a sales advantage (marketing). Without becoming emotionally attached to a stock I learn what I feel I need to then decide invest/trade/leave alone. I'm well aware of "boiler rooms" and can decipher quality information from the trash. The thing that I like about EUZ is I do believe it is a quality stock, in the end, (thanks to you guys sharing your knowledge on results, which are just numbers and letters to me), but, just as importantly, Lawrence Reid may be a rather "boring" person, he's a straight guy, dedicated to his work. Many stocks are great assets but the BOD are untrustworthy. So this is one of only 3 investments I have, and I have no reason to doubt the long term future. Now Colin Bird is interesting (unlike LR). In fact he seems quite the opposite and I trade his stocks regularly. I'm not sure the true reasons for the "split" and if they are still "acquainted". Again, something I'm following and nothing would surprise me. I noted CB's announcement last week about bringing Alex Borelli on board with Tiger Res, AB of course with GGP, & TIR been an investment company..... makes it all much more interesting than Eastenders. From the chat board of TIR it seems CB and AB have got together before and bust an asset (or so it seems. I take it all with a pinch of salt but I also take heed). I have noticed that all industries are incestuous (I thought it was just Direct Marketing), so much as I don't expect fireworks from EUZ this week, I don't write off any surprises.
As for the FOMO - I read enough chat boards and you'll get these posters that post about how they multi bagged. I read so many posts that say "I had 20 million shares when it was 0.02p" now it's 20p. In another post they make it clear they have a full time job. And so many others believe it and want to be that man :-). I know that since furlough started thousands of people have tried their hands at trading with the dream of making it big. It seems irrelevant to EUZ and what they do, but it isn't. The daily share price fluctuation is based on supply and demand. Yes I agree with comments above about PR and marketing. It's all very interesting indeed. I'm here because I trust the stock and the BOD and I'd like to see this through. How it happens, how long it takes, as well as how much money this will make me as opposed to trading that cash. Definitely going now. Have fun, take care, be safe and be happy.