AJX 0.00% 1.1¢ alexium international group limited

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  1. 3,312 Posts.
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    Anyone who blanket 'commits' to anything in the stock market is asking for trouble.

    I hold because alexium is consistently hitting its general ballpark goals that it has set for itself and that I have set for it.

    I know that at some stage, consistent positive results will lead to a price increase. I understand that the final catalyst that starts the price rerate could come soon or maybe not for many months.

    As such I know to not get worked up one way or the other due to random fluctuations in prices that mean nothing.

    I think people on this forum seem to think they are long term fundamental investors and then get worked up by day to day price action which has minimal to no correlation to long term fundamentals... Especially when general market sentiment is in the toilet.

    In terms of 'being committed' I'm committed to making money, while holding alexium is my best chance to make money I hold, when it's not, I'll sell.

    Any time I've allowed myself to build an US vs THEM mentality I've always held for longer than I should, because Ive committed to that fallacy rather than staying objective.
 
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