AJX 0.00% 0.9¢ alexium international group limited

General discussion, page-763

  1. 539 Posts.
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    When I first started to invest in the stock market , ..my goals was fairly modest . I had done
    a lot of reading into a range of topics , such as fundamental , technicals analysis , read a few
    books etc.... I remember one quote saying be wary of any company names that sounded fancy
    and hyped , just stuck with me .... lol ...Alexium...?
    My goals as I said were modest , and with the overload of information on how to play the
    market , I decided that I was out of my depth and became a fundamentalist and a sit and hold
    type investor , which worked fine and superceeded all my expectations , although I did have a
    couple of hiccups along the way..... But the market changes you , your perceptions and your
    expectations , a wrong turn , quickly reins you in and heightens your fears and then you
    slowly start changing into a short term to medium term investor as opposed to a long term
    investors , the risks holding for the long term would seem to be against you being successful.
    Better to take reasonable profit...imo

    Personally , I think that to make the right call , to sell or hold
    is almost impossible , ...inevitably a company , on the back of positive news , the SP will overshoot
    and the price becomes attractive and the question comes into play , sell or hold ..... is there a wrong
    decision either way .... no , I'm training my children to accept a reasonable profit and to pat
    themselves on the back for their decision ... The market is illogical.... Yojee was a company i had
    invested in , bought in at 2.3c , sold at 10c ... it went on to 30c , my thinking was that
    the SP was overvalued and that revenues will be low , they reported revenue for sept quater 2017
    of $149000 , well i was right ...but the market still valued them around the 20-25c...lol .
    Lbt was another....in @ 7c ....could've got $1 plus , ....sold on the way down @ 35c ...I personally
    think that was a bad decision not to sell @$1... but still made a decent profit ...and my journey
    continues... Tried to short term trade , and day trading , but I've settled into a medium term trader ,
    love buying stocks with a positive outcome due in a year or so ..... this is not a recommendation ,
    but for me one such stock is Senetas .....imo
    Having said all that , Alexium is a conundrum .... the thinest thread i can hang on to.. is what
    some have mentioned and as have Alexium themselves about being watched by competitors
    and that they have to be restrictive in what they release....if this is not the case then I can only
    see that regulatory framework will lead the SP.. and we will likely see a return to higher SP 's
    in two years ....imo....cheers GLTA
 
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