dumb money, page-59

cheers ambi - purely got on as a former holder and offering my advice based on past experience (learnt the hard way) so mum n dada retailers like me dont have to experience my same costly burn. Billabong was just as unkind to me as this has been to the longers.

seen too many a stock fall from grace and want to simply caution others against a pie n the sky style false hope....momentum is your friend, and here, its plummeting south.

hope im wrong, but too many twisted tails for my liking. new sub-holders that are taking legal action, former owners cut n run and throw reverse takeover smoke screens to avoid litigation, too many "insider" shenanigans for my liking....seen it all before, smoke n mirrors.....seriously, how did the auditors not qualify the report?

agree - people who take thrill in loss of others should be ........H quartered....drawn, i simply dont want any1 getting fried like i have in the past.

opportunity cost needs to play a role - this is a binary call now, with bias to the south......funding to prop up bal sheet will become vital - all that sell speech about the asset sale as non-core - BS - they need to sell something fast to keep the creditors at bay!
your fat cats must get paid, remaining balance sheet mostly goodwill/intangibles..

GLTAH - seriously hope i am wrong, but it always works for the insto's who rinse n walk away (p&d style), at the cost of the "hopeful" retailers.

might re-enter, only on sustained fact and proof of turnaround, best to catch a wave on the ride up and sacrifice 15-30% (2-5c right now) rather than come in now when next year was forecast still at a LOSS...scary....