MTA's impact on SLT, page-5

  1. 1,517 Posts.
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    Yeah just imagine furniture, I only have to wait to god knows what level to break even.
    I was watered down in a consolidation 100 became 1
    That could have turned it around though , however management did Jack....
    Then we end up here sub 1 cent all my options expired and most of the time management couldn't be bothered returning my calls, and i was on the list of top 20 share holders.
    I once wrote a thread about waking up the office as it seemed asleep.......
    It was tou'd within 15 mins.........
    So I guess they where busy , on hot coppper perhaps , who would know..
    Bad mistake = yes
    Am I bitter = No, there are a lot of sufering holders here, you guys do the maths on the above dilutions and price fall from 30 cents.
    Do I wish all those the best who have bought in at the bottom = ABSOLUTELY
    Would I hold those shares in a belief or trust of words announced....... I'll leave that to each persons opinion
    You win some and lose some, however HC is great place for learning the past, and allowing others to learn. Luckily through my own trading I recovered, there where also a few here back in 2011/2012 who had help hint a few better buys, and in a post later i thanked them, since then I have learned to watch the P+D's.
    Take a look at the top twenty now... Indigo where given these.......
    Next is AAC @ 5000000 at 30 cents was $1,500,000, now its worth $35000.......
    Jasper hill , the people behind this are well respected, they had hundreds of thousands of dollars invested from memory, now they have just uder 600000 shares again at 30 (after dilution) that was aprox $167,000,
    now its worth $3955.
    It has cost me a lot to be able to write this post, hope what ever stock it may be that it helps to protect new traders in the market from loosing there money on wishful dreams of becoming rich over night.
    Sure take a punt, if you wish on anything, but never risk more than you can afford to loose. Use rules and be disciplined and most of all try not to second guess the market or announcements before they come out, if they are good it will keep climbing.
    Hope this helps a few with lessons of speculating in the penny dreadful end of town.
    Furniture this is in way a shot at you as you are a diligent and wise trader who does their homework, just felt that it was time to share.
    All the best to all.
 
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