GREY:CHALF - Post by User
Comment by
jutah70on Apr 26, 2016 9:02pm
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Post# 24813154
RE:RE:RE:My reasoning for the firesale
RE:RE:RE:My reasoning for the firesale@longshot - the exact correct term - emotions.
I have commented on the fact that so many invested in this space are investing on emotion. Guess that is why we see so many posts regarding all the bickering. People letting their emotions get the better of themselves. If you weren't emotionally invested, the other posts just wash off. The emotions especially get the inexperienced investors who "hear about a hot thing" and dive in.
Considering the short track record for this company being listed and reporting financials, a lot of what all of us have done is speculate. No doubt there is information out there to help make a more educated call on whether to buy or sell (I know it is not coin toss territory). If people are feeling rattled, go and read some of the reports that have been written regarding this industry, and specific to GLH. Quite a few posters on here have taken the time to share a lot of information.
Let a few more reports get digested and a more accurate picture emerges. So you have to ask yourself whether you want to wait a few more quarters. That will be a call on whether you think the price will be higher, lower or same. No matter who you are, that comes down to a guess or a hunch - because no one knows. So we are all just placing our bets. I've got money down on higher.
Even the most successful investors admit that even after all their DD and number crunching, a big percentage of their decision comes from a hunch or gut feeling.