MUN 0.00% 4.8¢ mundo minerals limited

sinking ship, page-29

  1. 2,936 Posts.
    Goarmy, cut and past this thread either for entertainment reasons or as a reminder of your so called "glutten for punishment" style of investing.

    S/P was at 13.5 cents when you started the thread and dipped all the way down to 8.7 cents while the whole time you had nothing good to say yet decided to stick around and watch you capital shrink even more.

    Don't get me wrong, I hate to see people lose money, but more so when individuals understand their money is slowly disapearing yet they do nothing to rectify it. There are important lessons to be learnt here.

    Parrot summed it up quite well, learn to take a loss when the time is right. At the end of the day the number one rule is to protect your capital.

    Despite the blue sky story that once was, use your judgement to constantly assess what you think is best without clouding your decisions with any emotional turmoil.

    I first learned about MUN back in the day when it was ramped up in the "speculator" section of the Bulletin magazine. It was good back then but now........ it would take alot to convince me to jump on board.

    All the best.


 
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