BRN 1.79% 28.5¢ brainchip holdings ltd

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  1. oke
    3,602 Posts.
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    My thoughts... been trading along time and made every mistake imaginable

    and use this test..

    Ask your self if the stock market closed for 5 years would i be happy to have this stock on my portfolio ?

    If yes, then if you get caught buying in too high its not bad because a stock with great revenues/profits will rise again and see you in profit.

    Ideally you want an company capable of a high profit margin (80%+) growing exponentially with a sustainable competitive advantage ,,whats termed a 'wide moat'
    If you can find one, which is rare,,like I have, then you're on a winner.

    Im not saying BRN wont be profitable one day.
    What I am saying is that there are stocks out there that have limitless potential,, but also growing revenues with 80%+ profit margens and fixed costs.

    Those are the 2 key attributes you need to find,,then you can sleep at night and not worry about price movements so much

    Many times the best thing I did was cut my losses and had the balls to invest elsewhere immediately and recovered that loss and more

    Hope this helps

    Last edited by oke: 17/09/20
 
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Last
28.5¢
Change
0.005(1.79%)
Mkt cap ! $572.0M
Open High Low Value Volume
27.5¢ 30.0¢ 27.0¢ $3.976M 13.85M

Buyers (Bids)

No. Vol. Price($)
18 388710 28.5¢
 

Sellers (Offers)

Price($) Vol. No.
29.0¢ 551374 14
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Last trade - 12.22pm 13/11/2024 (20 minute delay) ?
BRN (ASX) Chart
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