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(JJB.L) JJB Sports PLC Buy/Sell

32.88 -1.25 (-3.65%) Down arrow Add to portfolio Set Alert Level 2 Desktop Trader

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Author Duck and Dive     View Profile | Add to favourites | Ignore
Date posted 2009-11-07 09:07
Subject Re: potential serious competition   View parent message
Votes for this Posting Not voted up. Voted DOWN 2 times.
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FS1 wrote: "I find it amusing how peoples changing positions on JJB affects the mood of their posts and has changed some into imho "turncoats"."
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I presume you are talking about how the POO forced some PIs to sell sme or all of their shares? The only surprising thing is that you should be surprised that some of those people are hoping to find a good re-entry point now that they know how much cash they have left over from the OO and Excess share application.

".....Becos of this I possess the knowledge to challenge any attempts at negativity. Some dont like this."
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You are such an incorrigible ramper that you label anyone who dares to discuss actual or possible downsides as negative posters. That problem is yours, not theirs. Whenever you may learn that PIs *need* to consider the negatives along with the positives, you will become a more rational and mature poster. My devil's advocacy on this board has always been a source of annoyance to you, whereas you should be grateful for it. I suspect that you simply don't want any potential investor to be put off by the possible downsides of JJB and you therefore see it as your duty to try to suppress any such discussion. I can see how that might benefit you -- but I can't see how that blinkered policy is in the best interest of anyone contemplating buying JJB shares. Your commitment to the cause is commendable but it comes across as self-serving if you try to diminish or disrespect anyone who plays Devil's Advocate here....

"Make no mistake about it when I am on any board I am there for the positive financial benefit of all onboard, self included."
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You can't accept that what serves your best interest (eg ramping) may not be in everyone's best interest. It's a delusion to believe that your opinion, however much research it is based on, is the only correct view when there are others here who spend just as much time on diligent research and have views which embrace shades of grey. You would be doing both existing and potential investors a service if you were able to discuss JJB in a more balanced way. For example, it helps no-one to claim that JJB's last trading results were good when they were obviously awful. Less blinkered investors did the sensible thing and sold at c.38p to buy back in much cheaper a few days later. There are times when loyalty to a share costs people money and I fear that you may have become too emotionally involved to be able to recognise when such times are upon us. So, constant ramping to the point where you seem often to be in denial about the downside, does not benefit all shareholders, as you claim. Sometimes, selling is the right thing to do.

I have always believed in JJB's potential but I have also been a realist, wanting to discuss the downside rather than see it swept under the carpet. The difference between us is that I have never let my own vested interest in JJB prevent me from seeing and discussing matters which might cause the value of my investment to fall.
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