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Qsolar Ltd. QSLRF



GREY:QSLRF - Post by User

Comment by EaglesIIIon Feb 15, 2015 3:55pm
164 Views
Post# 23432122

RE:RE:Buyout highly unlikely

RE:RE:Buyout highly unlikely

HagenvT, though admire your confidence and mostly agree with you, it may be wise to think about the actual risk and uncertainty for a firm in QSolar's position.

First I would point out that humans in general are shown to have many cognitive biases that lead us into situations that are far from optimal and financially dangerous to our lives in our current world the way it is. We are prone to have an over-confidence and an optimistic bias. (https://overconfidence.behaviouralfinance.net/, https://en.wikipedia.org/wiki/Optimism_bias)

The first over-confidence bias I would say could portray the CEO's situation where he may be too confident in his own abilities to continue to hold the firm as a going concern. The second could be an investors bias when purchasing shares of Q within the confines of the current situation.

Throw on the Endowment Effect, the Illusion of Control, the Sunk Cost Fallacy, the Base Rate Fallacy. Prospect Theory and Affect, and a Confirmatory Bias and I think you can see why I make the comment that you may want to look into the actual and potential risk and uncertainty further. Our brains have been wired to be incredibly efficient and intelligent at certain things, but also flat out dumb or extremely typically fallible in many other situations. We continuously make intuitive errors sometimes long after after we are even aware of and understand those intuitive errors we are prone to.  We may be the most intelligent creatures on this planet, but we are necessarily prone to err and make the same mistakes over and over.

In either case I am not criticising your position or the increase therein, simply bringing up a few things that I thought about when reveiwing QSolar's current state of affairs once again.

Best of chance friends.


HagenvT wrote: I am not trying a buyout (joking) but I strongly believe, that a CEO, who brought the company a very long way to the point, where they now are and who is also willing to spend his own personal money for the sake of the company (each CEO of every company should have such a commitment) will succeed in the end. 
So I bought another 25000 shares today.
HvT


 

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