Been here way too long and hold far too many and been totally chilled throughout some pretty wild and hectic micro and macro and who-TF-knows-what inspired swings to care about the short term trading ranges at this stage in our game - we're just so close.
If you believe in MEM and the $AUD18.5 billion industry (predicted to double in next 4-6 years) - the industry we are only seconds away from penetrating, disrupting, leading and dominating, just let it all play out.
And/or take advantage of it.
At least now, the SP and corresponding market cap are not just deadset offensive. But it's nowhere near where it should be and soon will be IMO, so unless you're trading it (100% buy more in the dips, but), why would you sell?
The thing to remember is that no matter how long we've been here, including today, we're all here early azzzzz, way before the wider market even knows about us. It feels like cheating.
Too close to company-defining milestones and evolution and a serious re-rate to sell IMO.
If you know this stock, you know it's a fraction of the market cap it should be (and soon will be IMO), so why would you sell?
If the short term swings bother you, and you're worried about your paper profits shrinking temporarily, then sell. We'd actually prefer you to - there's others who know, want and will appreciate MEM more.
If you at some stage want back in - cool, but I suspect you'll be paying a premium. Or just holding far less.
Sometimes the hardest thing in the world to do, is nothing. But it can be the biggest and most important and most rewarding and wealth-building action you can ever take. Just make sure all milestones are reached within a time-frame justifiably close to those professed by the company.
To be honest, this stock isn't even scary in its movements, cos we all know the top 20-30 aren't selling anything of consequence.
IMO, there's big money to be made here. But I could be wrong (even though I've been saying the same thing since 2c )
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