ADN 7.14% 0.7¢ andromeda metals limited

General comments/chat, page-19982

  1. 1,371 Posts.
    lightbulb Created with Sketch. 369
    Well yeah...
    There were plenty of risk management reasons why you didn't need to hold it down $8.
    If you actually HAD any risk management rules you would have sold APT waaaay near the top and then had the capital to buy 3 to 4 times as many shares when it was around $8.
    So yeah, I would be "kicking myself" if I didn't follow (or have) risk management rules to better capitalize on the huge opportunity there, wouldn't you @Jdmoney??

    But APT is a global unicorn.
    Last time I checked, ADN is selling clay or something to make cutlery, not exactly oranges and oranges hey?

    How many retails holders would have held and held APT all the way and then end up selling out near the bottom?
    Or possibly for break even but mostly like at a loss???
    I'd say more than who rode it up from the bottom...


    Seriously question.
    Do you have a risk management strategy in place for ADN @Jdmoney?
    Do you have a profit target?
    What price would ADN need to fall to for you to change your mind and sell out (even if it's just lower overall risk by selling a portion)?
    What would need to change in the fundamentals for you to sell??

    Have you even asked yourself any these questions??
    Do you have answers for any of those questions?

 
watchlist Created with Sketch. Add ADN (ASX) to my watchlist
(20min delay)
Last
0.7¢
Change
-0.001(7.14%)
Mkt cap ! $22.28M
Open High Low Value Volume
0.7¢ 0.7¢ 0.7¢ $10.15K 1.521M

Buyers (Bids)

No. Vol. Price($)
24 14747414 0.6¢
 

Sellers (Offers)

Price($) Vol. No.
0.7¢ 10517093 20
View Market Depth
Last trade - 10.43am 04/11/2024 (20 minute delay) ?
ADN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.