you need to change your entire investment philosophy.
buying when prices are low works with index funds because they'll always go back up but it doesn't work with individual stocks because I have seen plenty go to zero.
It's even more dangerous when you're only holding 4-5 stocks because if a few keep going lower then your portfolio will go to smithereens.
Be greedy while others are fearful only works with index funds/etfs
Sometimes you get the odd one like Afterpay but those are rare.....
I would never buy NXL because it's pretty clear it has been a pump & dump scheme.
Yeah, you might get a 50% dead cat bounce from here or it could go down another 50%. Instead, you could buy something like GOOG which is basically taking over the world.....
- Forums
- ASX - By Stock
- NXL
- Potential catalyst for rocketing soon
Potential catalyst for rocketing soon, page-404
-
- There are more pages in this discussion • 284 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NXL (ASX) to my watchlist
|
|||||
Last
$4.89 |
Change
0.100(2.09%) |
Mkt cap ! $1.606B |
Open | High | Low | Value | Volume |
$4.75 | $4.91 | $4.71 | $7.996M | 1.642M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | $4.88 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.89 | 36237 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | 4.880 |
1 | 18613 | 4.860 |
4 | 11049 | 4.850 |
1 | 6039 | 4.840 |
2 | 6143 | 4.830 |
Price($) | Vol. | No. |
---|---|---|
4.890 | 36237 | 1 |
4.910 | 15900 | 5 |
4.920 | 26818 | 6 |
4.930 | 49106 | 7 |
4.940 | 10427 | 2 |
Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
Featured News
NXL (ASX) Chart |