..."Again you've discussed what you can't control and what you'd like to be which is also out of your control. So we come back to ...what can you control? This is the most important question and until you answer it you will be the victim of the manipulation, hedge funds, luck and what ever else you might conjur up...
My posts will never be the most popular because they are the hardest to accept and act on. They require the investor to take responsibility for their actions or for that matter inaction....which can be the hardest thing to take..."
Sum, I'll be honest...most of the time I do not understand your ramblings of investment wisdom. You believe that you know more than most. I do hope you have benefitted.
Moi? I take full responsibility for my actions. I invested in Noront under Richard, with my eyes wide open. With new management and no news policy, I sold way over 1/2 of my position, now holding only a core position, waiting for the Hedge funds to finally run this thing up on great drill news.
You say take control of one's individual actions... How does one control Hedge Fund manipulation, management ineptness and secrecy, and the possibility that at any moment we are subject to a being bought out with a low ball outside offer?!
I do hold this management responsible for a dismal performance.
However, it is what it is. I made the decision to invest in Noront when it was under management that was honest and transparent and, unfortunately, I could not divine the future.
Sum, please don't waste your time continuing to tell me and others, to take responsibility for our actions. I have, I am taking responsibility, and I will. I can sell Noront at anytime, or buy more. A truly wise decision is based on facts however, and so far we are all in the dark as management provides us very little information.
This will be my last comment to you on sharing investment and life "philosophy' here. Even with a large loss in Noront, I sleep soundly every night.
I think it will be much better if we all spoke more about Noront and it's potential. Do you have any special news in this area?
Jacki
