NBS 0.00% 9.9¢ nationwide building society.

Ann: Change of Director's Interest Notice - J, page-18

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  1. 1,497 Posts.
    re: Ann: Change of Director's Interest No... " If I lose on this then I move on and hope my wins more than compensate my losses. I would definitely not take it personally and make it my goal to lambast the stock. "

    Behne, You may have simply missed the point. NBS does not attract persistent negative posting out of sour grapes on a bad investment decision. It is bigger than that. It is about the defence of investor rights. It is about making it more difficult for companies to fleece investors of their capital.

    In my opinion, and that of many other long-standing sharemarket investors on this forum, NBS has breached acceptable boundaries in their conduct towards investors. Many companies make a mistake or hit a simple glitch. In NBS, the pattern of "glitches", of communication, and the pattern of cashflow, both within the business and within the share transactions, tells a profound story over several years.

    No doubt NBS will have its moments as a trade for a few. But for the ordinary investor, it will be miraculous if it moves beyond a lose-sum game.

    If you choose to be "amused" by TBE's negative postings, then I hope you will also choose to return and salute his wisdom should this stock head a further 50% or more lower.
 
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