Something I read recently in an investment article is that "most people do not like making money".
So when they make what appears to be a big return they take it, but through lack of knowledge and awareness (and self confidence) give away the bigger picture and the bigger prize.
Its unfortunate really because others take advantage of it.
I have a live example. I couple I know bought silver bars at $18 USD. They emailed me recently to say they were thinking of selling at $27 USD, because the price was "unbelievably" high and they had made a big profit. I said hell no!
The opportunity cost of that sale is massive........but they had not seen it.
Apart from the fact that Ag is "unobtainium" as David Morgan coined it.
Aaaaaaargh.
V
PMY - Charts, page-460
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Last
15.5¢ |
Change
-0.005(3.13%) |
Mkt cap ! $36.17M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.0¢ | 15.0¢ | $215.6K | 1.387M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 581013 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 115597 | 1 |
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| BML (ASX) Chart |