KPO 5.56% 1.0¢ kalina power limited

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  1. 1,406 Posts.
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    This is why the market is hard , the % down on the investment is affecting your emotions and you simply can't make a rational decision , happened plenty of times myself but I've learnt along the way.

    Story telling time:

    I've been in the markets ~3 years now figuring it all out on my own. This was one of the first specs I had bought and was very fresh into the game.

    That company was RAP, did my research , saw the potential among other things and My price target was 50 cents. I had an average entry of 6.6 cents ( bought from 2.8 cents to 9 cents )

    I was ecstatic, it had run to 13.5 cents within a week or so of my lucky timing.
    I was up 50 k within a week.

    The following week people obviously started taking profits and it was on a heavy decline, my 50k profit went down to 40k , then 30 k, then 20k and then when I was only up roughly 15k I sold , I was terrified.

    In that moment I sold with a slight profit( relative to what could of had )

    I had forgotten all my research , notes , and price targets , my emotions got control and I felt doomed , I had to sell!!!

    once I had sold the stock ran 50 cents and I felt stupid .

    I learnt an important lesson that day , detach my ego from my investment and back my research and convictions.

    I see this as no different from KPO , solid fundamentals and I'm not selling until the true value is realised , delays suck but I couldn't really care !

    Stay strong gentlemen.
    Last edited by valincarter: 28/03/17
 
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Last
1.0¢
Change
0.001(5.56%)
Mkt cap ! $23.62M
Open High Low Value Volume
1.0¢ 1.0¢ 1.0¢ $3.547K 373.4K

Buyers (Bids)

No. Vol. Price($)
6 8513270 0.9¢
 

Sellers (Offers)

Price($) Vol. No.
1.0¢ 647959 4
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Last trade - 15.18pm 11/09/2024 (20 minute delay) ?
KPO (ASX) Chart
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