RE: seems like a slow decline19 Oct 2021 00:29
LB 20:30
Have to say, it is hard not to agree with LB's statement: ".....I have just highlighted what they have said in the past on other products they launched and how they were incorrect in their assumptions. So based on that and the last 20 years. Wouldn’t it be prudent and logical for a long standing shareholder to be cautious and question everything?"
What puzzles me, and I guess many others, is that given your obvious caution and skepticism, why would you continue to hold shares in the company, which you have stated that you do? Rationally, you would sell up and move on, as many others with similar views will have done. It makes absolutely no sense to keep a holding here?
I can only assume that the abuse you receive on this board (which I in no way condone) is because you have never provided a satisfactory reason for why you still hold your investment. I am an infrequent visitor to this board, so many apologies if you have given a cogent reason in the past. You may think it is not relevant to provide such an answer, but given the nature of your posts, you might get some understanding, even respect, if you did enlighten everyone. But, it's poor form to complain about others criticizing you, when people are just struggling to understand your motives.
For the record, as a long-term holder, I would tend to agree with your assessment. The way I view it is that this is a very much a binary bet - I used the term "investment" very advisably earlier. It will either fail (spectacularly) or do reasonably well. Which I do know - it could go either way. That is my rational for holding - the hope that it will do well.