GREY:LBEFF - Post by User
Comment by
victor2009on Jul 21, 2010 1:34pm
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Post# 17285357
RE: Up and Down
RE: Up and DownAnother expert that fails to understand that the owners (neither Jilin Jien or the other 49%) cannot get "nickle", from LBE. Shareholders can only benefit through a return on their shares. Its LBE that wants Nickel - to sell and provide the returns to shareholders.
This time, an expert that believes that large successful public companies invest tens of millions into a company, and the share price is of no concern. That's a step up from those that suggest Jilin Jien doesn't care if LBE makes money.
Of course Jilin Jien cares about share price, but their interest varies from that of many investors. Many astute investors such as Jilin Jien don't pay attention to hourly fluctuations, as many novices do. These investors make their decision and commitment, based on their long term assessment of the company's potential - then they review their position by following company results, and progress towards the potential the saw when originally investing. They aren't particularly interested in what other shareholders think of the stock based on short term price fluctuations. They will be interested when they intend to buy or sell, and if the company is planning a placement. Otherwise, they realize that the trading activities of others, has little bearing on the wisdom of their original commitment. Its an approach that is much less stressful than that followed by many. And its an approach that has worked for a number of successful investors - Warren Buffet being one that has commented on its merits.