RE: Business valued @ Cash16 Jun 2022 19:35
davey writes -"1 mil at 0.738p ... if that is a sale it's a very good price" - so devey thinks 0.738p is a good price to sell.
Not so long ago, when the sp was higher than it is now, he was bragging about how he caught a bottom in GILD and made a packet and told us that he was going to do it again with FLX. Back then he was telling that it was good time to buy FLX.
Now when the sp is much lower he tells us that 0.738p is a good price to sell.
He believes in buy high, sell low.
If it was a buy (but who would be buying today?) then his earlier claims of it being a good time to buy, at a much higher sp, were wrong. I never criticise anyone for being wrong when it comes to timing a buy. We can all get it wrong, but he did rejected my warnings.
Okay, my posts were just my opinion and he was free to ignore me, but what I do criticise him for is the arrogance of his rejection. Many people are brought down by their arrogance - pride comes before a fall, or to quote it correctly, pride comes before embarrasment and a haughty spirit before a fall.