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Royal Doulton: NAV 62p/share, current price 12.5p/share

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Farsight - Sat, 20 Dec 03 :

Wouldn't it be nice if there wasn't a zero on a roulette wheel.

Interestingly enough, I used to be a croupier. I kid you not. People used to come into the casino with maybe a hundred quid, they'd win some, lose some, then win big. Then they'd start getting carried away putting down the big gold chips, and before you knew it their winnings had gone down to zip and they were off to the cashier to draw maybe another two hundred quid. Which they would then blow in all the excitement, and of course they were only allowed the one withdrawal. The smarter guys with the experience, they'd make sure they didn't get carried away, they'd stay cool, take their time. They were the winners. OK after a few weeks they'd get banned but you catch my drift. First share I ever bought was EXD, about two years ago. I had £8K at 12p. Sold them way too soon. And how are my 25p BFP, my 40p SOF my 2p NSB and RTD, the list goes on, all sold too soon in the excitement of hanging over ADVFN and the share price and the trades every minute of the day. Lesson learned. Gravy, pay attention.


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