For long term holders who are sitting on ~80% losses and dreaming of that company-making "five-bagger" that gets them back to... break even... I have a question for you:
Why are you still in POH?
a) Self-delusion (convinced yourself it will all come good)
b) External delusion (someone else has convinced you it will all come good)
c) Secretly long for Esra, want to be here for her when she gets out
d) Scared of losing membership of the happy clapper club if you sell out
e) Think POH will actually commercialise a pain patch in your lifetime
f) Think POH will actually commercialise some combination of shampoo, zit cream, and wrinkle cream to the value of pain patch in your lifetime
g) To prove LOPEZ wrong
h) Stockholm syndrome
i) Can't go any lower, right?
j) Wait, isn't this PNO? The cream will start selling like hotcakes ANY DAY NOW!
k) I'm not a long-term holder, I bought last week and this 10% gain I'm sitting on is awesome!
l) Because goldenchook once promised a $2 share price (if not $500 - sadly, moderated) any year now, and anonymous people on the internet have never guided anyone wrong before
m) To prove playez wrong
n) Unaware of the hundreds of other stocks on the ASX that have been appreciating in value over time
o) These peer-reviewed articles will put a rocket under the share price
p) Selling BioElixia will put a rocket under the share price
q) Waiting for POH's significant change to activities notice and it becoming a graphite play in Africa
r) Keepin' the dream of $1 party lunch at Noosa alive
s) Like a frog in a pot, don't realise just how $^&!ed you are
t) Realise how $^&!ed you are, quite like being a frog, thank you very much
u) If I double my holding and average down to 5c, the SP only needs to DOUBLE to break even! How can I lose?
Genuinely curious to know exactly why you think you will get out of this hole, or if not, why the hole will do.
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