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ADN

14.3%

0.8¢ andromeda metals limited

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tommyb007

306 Posts.

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20/01/21

12:44

Post #: 50304464
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Originally posted by Guemar: ↑

Check my theory. Overall markets up, ADN down and vs versa. Markets are so fickle these days, every participant is being a self proclaimed market and day trader expert, all beating the average (think about that one for a moment!).

It's natural to look at stocks that jumped 10/20/30% on the day and think: OMG, I wish I would have... And then you look at your ADN holdings and you go: Sh..., it's been 32.5c, now down 20%. Should have sold then, and as the sentiment turns you get the usual noise (no news flow, write to the MD, we are late!), amplified by trolls skillfully spreading some gentle FUD and you decide: It's gonna get worse, let's sell and jump into the stock that rose 18% yesterday.

IMO, and my own epxerience, that is a sure fired recipe to LOOSE money.

IMO, review your assessment of ADN. If your investment thesis still stacks up, do NOTHING (not even read hc), as diffcult as it is.

That's what I'm doing as I am still as convinced as ever, and as many other well educated posters here have demonstrated, including wombat and scarpa, that ADN represents one of the most amazing investment opportunitieson on the ASX. Read their research. Why do you thik they do not post every 5s? Because nothing has changed to their FA.

If you can't stomach a 10/15/20% or more drop and the ensuing $5/10/50/100k+ "loss" in your portfolio value, hold less or sell out - but then don't come back in 6/8/12 weeks and say: I wish I would have hold on to my ADN shares...

Not investment advice.

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no way, you can’t do nothing. Lol

average down whenever it drops 25-30%. Lol

ADN Price at posting: 27.5¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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(20min delay)
Last 0.8¢		Change 0.001(14.3%)		Mkt cap ! $27.14M

Open	High	Low	Value	Volume
0.8¢	0.8¢	0.7¢	$19.44K	2.588M

Buyers (Bids)

No.	Vol.	Price($)
63	22052597	0.7¢

Sellers (Offers)

Price($)	Vol.	No.
0.8¢	12135336	22

View Market Depth

No.	Vol.	Price($)
60	20255455	0.007
50	20675989	0.006
26	13930122	0.005
8	10525000	0.004
6	19278333	0.003

Price($)	Vol.	No.
0.008	12090336	21
0.009	15115894	14
0.010	7602677	10
0.011	14176522	5
0.012	13395921	5

Last trade - 16.10pm 27/09/2024 (20 minute delay)

ADN (ASX) Chart

General comments/chat, page-15068

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General comments/chat, page-15068

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Featured News

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Sellers (Offers)

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