Club Mulgoa

Wednesday, April 06, 2011

EDE

Brilliant Aussie technology but the market has already forgotten its achievement. So after my top up, the share price has been falling and falling and falling. But this is the kind of stock I keep a close watch. If it continues its downhill ride, I would want to pick up more. Because my earlier parcel was bought at a much cheaper price, I am still in the green zone in CommSec.

I often wonder why investors' strategy is so bizarre with memory of achievement by a company (technological or geological) fading for no good reason. While bemoaning the falling share price, I am also delighted that I can buy much more cheaply... when I am not under pressure to sell.

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