AKK 0.00% 0.3¢ austin exploration limited

Ann: Austin sells Texas Birch property for $1.5million, page-9

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  1. 6,312 Posts.
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    Hi RP,

    If I could I would but I can't so I won't. Not to make light of your loss (as I can empathize with you having lost in a number of other listed companies small and large) as decisions to enter and exit stocks can only be made by the holder.

    Sometimes though its useful to by something, like a pair of shoes, to serve as a reminder of do I want to be in this stock or out of this stock.

    Figuratively I have a closet full of such shoes, with the names of mgmt/directors on them with matching pants with phrases from their announcements to watch out for and shirts with question marks all over them (like the Riddler) reminding me of the answers I didn't get.

    Since I am not in this stock and I can simply say I have no plans to enter a position in this stock. Stocks can and do go to zero all the time. Will the stock become worthless? Look at the financial reports and then look at the rest of the risks (of which there are many).

    Sorry for your loss and for the many others in similar positions.
 
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