CHP28 Mar 2006 11:40
Coming back today in order to see how you are all doing I am really struck by the way that so many people sound as if they have become emotional investors. This is a sure fire way to lose money and that is not what this particular game is all about - is it? Please may I suggest that people who want to invest long term read the books by the old time guys who were the 'mentors' for Buffett and his school. For people to take a view based on mere hope and hold a stock like CHP for a year+ is extraordinary. CHP is at the moment a pure gambling stock, if at some stage things are more settled then perhaps it may be a long term investment - or not!
Many of the big punters seem to be moving on, or so it seems from the blocks that are traded; this just leaves mug punters (like myself). In fact I moved on a week or two back when it became clear to me that much of the good news was built into the share price anyway.
Come on guys, cut the emotional stuff, start making money.