Tomorrows SP, page-64

Gotta ask yourself why you invested, what timeframe you had/have, what you expected the company to be worth during your timeframe, and whether anything has changed apart from the sp. I bought at 40c it went to below 20. I was sitting on a 50% loss but the company was still working away at what I saw to be a valuable business. Magnolia started to get announced and I bought more. Even on those I was up and down 25% or more and the company just kept making progress that the market ignored so I kept buying up and down. I haven't bought since because as I said although I still see significant value in the company going forward I'd have to contribute significant amounts to make a dent in my current holding. I may as well accumulate cash and look for the next investment to follow. Many other I personakky know have been buying quite significant amounts to add to their holding at levels maybe not as high as 4 but certainly 3.50. It comes down to whether you want to trade the sp movement or invest in the company. Each to their own. If you've chosen to invest then you need to trust your judgement. It's no different to buying a house in an up and coming area that people don't catch on to for a few years and start to want to buy at much higher prices than you paid. The difference is you just don't get crazy people knocking on your door trying to tell you the area will turn into a get to and you should sell to them at half what you paid.