RDF 0.00% 90.0¢ redflex holdings limited

when will tide turn? is it on the ebb?, page-12

  1. 3,704 Posts.
    Tired Trader,

    Yep everything you say is very reasonable. Just as there are those who see the problems there are those who see no problems. They can't both be right.

    And yet...The share price keeps going down.

    And as I said in my earlier post there are those who can see no reason to sell a stock.

    Not when the share price is rising, because, well, it's rising.

    Not when it's going down because it will recover.

    Not when it's going sideways because when it moves it will of course be up.

    Not when bad reports are coming from insiders because those people are contradicted by others who say all is well.

    And yet ... The share price keeps going down.

    My advice is pretty obvious, falling in love with a stock is always a bad idea, your objectivity goes out the window, and in the end the only one who loses is you.

    Hope RDF recovers for you but I certainly think there are much much better managed companies to have your money in. Especially, since I have had first hand experience of this management and I can tell you they are woeful. Without Bruce to keep them in check it will just get worse.

    Good luck.
 
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