And here is my point:
Who bought SLR in the late stage of the last bull market in gold - Who bought SLR after the peak 2011 - bought a company of worth 2008 0,13cents had gaining to 3,90 AUD in 2012 (3000 % gain). What did they expect? The usual "market will go up forever" ? To many make their own poor decision in regard to time buying SLR to a fault of the SLR company.
But as usual no one likes to see and articulate their own fault and mistake. Of course, it is not their mistake, how can it be? It was clearly just the mismanagment of SLR.
Most, and it is at HC the same, don`t have a plan, don`t do their DD and in fact, shouldn`t be invested at the market. Buying hypes (at late stage of bull market) and wondering when it is going down. I am wondering about those people.
Lack of knowledge shows itself too, if you read carefuly the post`s here. SP rising = SLR will gain, is debt free and so on, SP falling= it is a bad company and so on. Funny. SLR fundamentals didn`t change to negative since i am bought in, but someone from outside could think reading the posts here, SLR was worse and is getting now healthy fundamentals. Thats valuing the company just in regard of the SP.
I could talk here about fundamentals, but for what? It seems 9 of 10 do even not know the simple basics. I can`t read it anymore - Dividens. Hell. Are we talking about a big cap here?
SlR is a solid company, with good fundamentals. Nothing to worry. Everyone who bought after Dec 2015 will see his gains, if he has the needed patience.
But it is the same at BDR, MOY and so on. Most of the "investors" will never make plus on the long side.
Now it is your own choice - you can call me bigheaded and tell me, that i know sheet, or you could think of what i wrote. But i tell you, what i think:
I will be the bigheaded poster, with knowing sheet and so on.
I don`t care. In fact, perhaps i need you to be in the market. You will be the someone buying my SLR shares when i am selling with my profit and you complaining after buying the shares what a bad company SLR is, cause of falling SP. Bad timing.
Dear reader of my post,
think for your own honestly, if you are one of those, i am talking about. Statisticly the chance is high, that you are one of them.
good luck to all
regards
auge
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