ChazBigspuds21 May 2009 03:16
morning mate - u always up this late? =)
anyway, while i understand ur frustration in non-regular communication from the board of some companies, i personally feel that is not good enough reason to leave. just remind yourself why you invested in TXR in the first place - was communication your main purpose? if not, then perhaps stick to what you believe in. for me, i see value in TXR, so i'm staying on till end-june, at least. may is a bad time for stocks as it is results month for Q1 and most companies perform badly in Q1. june onwards should see share prices grow slowly, imo. anyway, i've been sitting here from a profit to a loss now and i tend to hang on unless i need the cash urgently, which i don't.
i have another investment where there were 50 robbers who raided the mine of a few mineral tonnes, then the 2 most powerful directors in the company resigned the next day. that, i feel, is a better/bigger reason to jump ship! but being a dayworker in a full time office job, i just found out about the news today so i have to wake up early tomorrow morning to sell that stock before City investors pull out.