CM8 5.41% 3.5¢ crowd media holdings limited

Glad I don't have many of these, pissed off I have any at all. I...

  1. 16,523 Posts.
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    Glad I don't have many of these, pissed off I have any at all. I was trying to diversify by buying into a sector I know very little about and I'm really not that interested in and now I've ended up with a smallish (thank god it's small) tax loss. I have learnt a lesson though - don't buy into sectors you know very little about and never, ever buy after reading HC advertising. I've done the latter a few times and it will never happen again. A good stock should not need HC promotion. I think it signals desperation. I note I did have a chance to sell a lot higher late last year but since I know nothing about the sector I didn't take my chance. You live and you learn!
 
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