I think it comes down to how confident one is regarding an individual stock being on the cusp of significantly increading revenue yoy for years to come.
I have been in and out of bubs a few tines, like nea, xero,
mvp, etc. currently also smn.
However combining a litte analysis of company reports, financials, peers opinions and a little “gut feeling”, once they start trending thats often the time to stick with them .
I only tend to opt out as i think “ ive f$&ed up here and anticipated a little early, may still be 12-24 mths before revenue exponential increases start occurring, or chances of this company making it have changed, so im out.
However, the good companies, with excellent chances if making it, go damn quick, before you can blink, when they go.
hence once they start, and your on a 100% gain, no matter hiw quick that is (ie bubs right now) , I personally reckon thats the time to stop getting in and out and let them do their thing. ( personal
opinion only, I know!)
I don’t know why bub has spiked, what i do know is that the market knows more than me, so j don’t double guess it. I do trust the market more than i trust myself ( a learning curve!)
i also feel the fundamentals for exponential revenue growth in thus particular company have been building nicely, so I was out until technical action started (34c to 60c was it for me). This might be the start of it’s long and bumpy climb.
Hope im a greater than 50% chance to be right! Who knows? But ive decided to let this ride as i think theres a far greater than 50% chance now is this companies time after excess hype 2 years ago, but fundamentals now justifying that initial excessive hype.
I hope you get your chance at 80c again, so long as fundamentals haven’t changed I’ll likely just double down, so we’re both happy
Good luck!
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11.5¢ |
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Mkt cap ! $102.7M |
Open | High | Low | Value | Volume |
11.5¢ | 12.0¢ | 11.5¢ | $369.7K | 3.147M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
75 | 4705618 | 11.5¢ |
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Price($) | Vol. | No. |
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12.0¢ | 565486 | 5 |
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75 | 4705618 | 0.115 |
64 | 2943660 | 0.110 |
16 | 768435 | 0.105 |
32 | 719046 | 0.100 |
2 | 100870 | 0.095 |
Price($) | Vol. | No. |
---|---|---|
0.120 | 565486 | 5 |
0.125 | 1222662 | 18 |
0.130 | 1934378 | 35 |
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0.140 | 1862431 | 24 |
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