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The losers thread

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29 June 2007
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I thought it appropriate I start a thread that is the opposite of the 'rich peoples thread'.....however I doubt it will be as popular....since most people do not like to think of themselves as a loser.

the average joe thinks anyone that has more moneythen he, is a tall poppy....and they love to bash the 'tall poppy' types....

except....

unless we are talking about the tall poppies who run the resources companies..including the penny dreadfuls....then that tall poppy is truly a tall poppy and to be admired...let that tall poppy run amok, tell tall stories to boot, load himself up with a lovely big salary, and millions of options....
and you will find he becomes almost god like,,a guru, and woe betide anyone who questions the actions of said 'tall poppy'.....
now I have not checked out the stock posters forum on this site....maybe its different to the other HC site....so I had better not assume its similar.....
but over there...a share can go from 10 cents to 10.00....and everyone is on a winner.... all the stock pickers are guru's.... especially that first poster who selected the stock and suggested everyone follow him.....that poster also has guru status...
same stock falls back to 1.50 and any of the posters that suggest there was something wrong....are attacked by all other posters....regardless if all shareholders have lost their life savings....then finally, said detractors are soon sent to purgatory for life......

am wondering if I should have called the thread...how to become a loser, then we could all share our stories about how we lost big time.....and the best ways to become a loser......there should be more stories on how to become a loser than there are on how to become a winner....since there are so few winners...but thousands of losers ???
or the suckers thread.....
cheers
 

GOLD !
 

LOL Kincella; fantastic idea.

I will add my two species, one in CSM an one in phosphate, that I hung on to through the last 12-months due to 'fundamentals'. Well 75% down on each makes it a sh*tty call.

Also accepting an incentive-based package with Centro and not leaving when the CNP share price was $10 (and at a huge premium to NTA) was daft.

Many more for which I am thankful as it is the hurt in life that educates you and motivates you, not the bull market false returns.
 
classic thread count me in...yes i lost money but heck who hasn't...

maybe change the name of the thread to the suckers thread, just like poker for every Winner there will always be suckers who will call you. Only 1 will win and eventually get everything just like life, for every Winner there are 9 losers.
 

This isn't anything to do with a specific site, it's human nature. Two specific threads here that spring to mind immediately are GDN and FMG.
 
Hi, my name is sinner and I am a loser.

I took some advice off this forum to go to the casino and place all my money on red and I LOST.

Who do I sue?
 
Hi, my name is sinner and I am a loser.

I took some advice off this forum to go to the casino and place all my money on red and I LOST.

Who do I sue?

you should have paid for the advice and then you'd have won
also it was quicker than putting it in the market atm
 
There's nothing wrong with being a loser makes you hungry to be a winner and appreciate it all the more when you become the winner
 
Hi, my name is sinner and I am a loser.

I took some advice off this forum to go to the casino and place all my money on red and I LOST.

Who do I sue?

If you would have asked me I would have told you it would be black!

I was all over black for this spin, like a brown dog on a football....


PS: I am also a Loser, at Poker...
 
Is there where we stand up, speak our name, and admit to our being a loser (like an alcoholic at an AA meeting)?........shuffles feet, hangs head......

" My name is nulla and I am a loser. I ignored the fundamentals and got caught up in the hype of QTM several years ago".

It wasn't the small loss I took before I got out that bothered me, it was the fact that I ignored my own research on the fundamentals and let myself be influenced by the chart that was driven by the hype.
 
Hello, my name is MR. and I am addicted to Bank Interest. It has been one day since my last interest gain. I can't help it, I have a pinch of interest every day.....

As the person before me, I ignored some of my own research and wasn't influenced by the charts that is now being driven by hype or is that hope?
 
not the bull market false returns.

How do you come to that conclusion. You rip as much out of the market you can wether its a bull OR bear market (short in Bear)

just like life, for every Winner there are 9 losers.

Why is that do you think? So you just accept that then?

it was the fact that I ignored my own research on the fundamentals and let myself be influenced by the chart that was driven by the hype.

How's that work.Was the chart going up or down against your fundamentals that were Bullish or Bearish?

As the person before me, I ignored some of my own research and wasn't influenced by the charts that is now being driven by hype or is that hope?

Ah I see you believe this run up isnt driven by a legitamate force so your fear has stopped you taking part?

Interesting insights here.
Congrats to all those baring all.
 
Sir O Sneaks into the Losers thread, steals one of Kincella's winnie blues, and his bottle of bundy and proceeds to get trashed.

Once thoroughly drunk stands as says that he's been a loser in the past and thinks that loserishness should be a motivating factor for unloserishness habits *hic* and it took long yearsh of looosherishnesh to learn the leshons that reshulted in non losherishness. *hic*

He goes on at length about value destructive properties of otc market makers and says he wouldn't pish on them if they were on fire. *hic* Starts blubbering about how he sold Paladin at $2.00, but is cheered by the thought that he sold ABS at $8.00 and never got back in.

He then asks where the strippers are, realizes that losers can't afford strippers and goes double or nothing with Sinner on red for a bit of excitement before passing out on the floor.

Sir O
 

haha ----

i knew there was a reason why i dont drink Bundy ---
 
that was a cracker of a post Sir O,,,and very funny...
on the serious side....
I believe its good to make mistakes...so long as you learn from them....
so we have all made some losses in life.....thats it **** most of us have been a loser, somewhere along the way on our journey thru life


buts its the learning process afterwards that counts....
I was talking to a young one last week...she wanted my help and guidance....but after an hour....she was so full of excuses as to why she could not take any of the steps...to help change her life or turn it around...
her choices were all there for the taking......but she was choosing not to take any of the good ones...stay with the familiar old ones that are holding her back
 
So true, kincella. You can explain very patiently steps they can take to turn all the 'bad luck' around, but no, there seems to be a comfort in feeling like a victim.
 
Forgive me father for I have sinned.....I doubled up on AMP as it fell from $12.00 (some years back) before finally cutting my losses on a bounce...
I would like to think I have learnt from my sins and will not repeat the errors of my way. If I should be so fortunate to live long enough to see a real recovery, I will stand repentant and work hard not to repeat my previous sins.
 
Forgive me father for I have sinned.....I doubled up on AMP as it fell from $12.00 (some years back) before finally cutting my losses on a bounce...

Haha -- doubling up ----- the old martingale is fine if yr 'bank' is big enuff ---- if not ----- ----- know how u feel NN ----- most of us have tried it/done it/paid the price ---- etc etc .....

I would like to think I have learnt from my sins and will not repeat the errors of my way. If I should be so fortunate to live long enough to see a real recovery, I will stand repentant and work hard not to repeat my previous sins.

that is in fact the difficult part ---- i wish u luck ------ genuinely !!
 
My name is Anna Bligh and I am trying to get re-elected and things were going well until this ship flooded our bay with Oil, all the clean up work is covered by insurance the bad news is the insurance company could be AIG.
 
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