General Chat / Discussion, page-2535

My opinion might be biased having averaging in at .4c but alot of investors caught up in the minutia.
Above chart formulates my overall investment thesis.

Comments about up since x and down since y.
It's all relative.

When did you buy?
When did you sell?
What's you % target?
What's your risk appetite?

I'm a longer term holder of stocks. Typical 6month-24months accumulate and free-carry strategy.
is ~4c the bottom? No idea but overall been a good stock - if you're timing is off you can be down a lot of money.

Hell could have bought BHP shares Aug 2021 $48 at the top. 12 months later $48 again. Then in one month down 33%. Timing is more important than time in the market.

Looking at the micro factors significant news IXR is expected to land.
Does news always increase the S/P? No.  Why i think it will is because i believe there will be more upside than the market currently prices. Additionally, i'm expecting that a clearer picture will be formulates in relation to the end to end strategy. That is the supply chain.

Like management, like the sector, like the upcoming news pipeline.
Personally think the macro market bottom isn't all that far off or atleast a relief rally.

Anyways, might go lower - could halve. I don't know for sure.
Happy holder re-investing in this range - more powder for a hail mary market collapse but thinking probably grinds sideways or upwards in the next month or so. Big news is close - market conditions to improve shortly too.

SF2TH