MGT 14.0% 27.0¢ magnetite mines limited.

MGT share price, page-3175

  1. 3,212 Posts.
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    A few months ago there were so many posts on social media blaming MGT for not delivering and calling it p&d. I believe some of them sold out as well. Now, you can see some posts coming up about how people bought low and sold way too early....

    I agree, there is an emotional/psychological barrier. Some people are happy with 100% gains. Some say don't be greedy.

    But then again, it is not an easy task to take that 100% gains to put on another stock that will do the same. Easier to find a good stock and ride the waves.

    I remember years ago (in 2011 or 2012) when Dominos pizza was trading for around $7, I bought $20k worth. I sold a couple of years after for a nice profit. Made about 170% or so on it. Thought I was smart. Well, it is trading at $95 a share now. I sold out just before the massive run in 2015-'16. Though I made a profit, it still bugs me. Some would say - well you made a profit, can't get greedy etc. But, I did not need that money then. All I had to do was - nothing. Just hold and wait.

    But yes BT, I agree completely with you regarding the psychological aspect of making a tidy profit and pressing that sell button.

    I have learnt from my mistake. Not intending to make it again. When the fundamentals are strong, I know I should hold.

    I'll have some whiskey, neat. Thanks.
 
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Last
27.0¢
Change
-0.044(14.0%)
Mkt cap ! $26.57M
Open High Low Value Volume
31.0¢ 31.0¢ 27.0¢ $84.40K 295.3K

Buyers (Bids)

No. Vol. Price($)
2 1199 27.0¢
 

Sellers (Offers)

Price($) Vol. No.
27.5¢ 19396 1
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Last trade - 15.41pm 24/06/2024 (20 minute delay) ?
MGT (ASX) Chart
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