Admittedly, I like many other holders weren't paying enough attention to company fundamentals when it hit $20 during the early stages of COVID.
I paid too much attention to what was an unprecedented change in external circumstances (COVID) which seemed to be benefiting the company in the initial stages then. So there was a lot of uncertainty in the projections that supported the company's value in the $15-20 range back then.
In short I have learned from that experience that the kind of figures you are flippantly throwing out need to be grounded in reality. The company is also in a more mature phase of its growth trajectory.
I'm also one of the luckier ones to have bought in early below $1 and was forced to take profit on the way up due to changing circumstances. I sold a large chunk around $10-12 from memory around late 2018.
Since then I resolved to basically free carry the remainder of the holding due to my belief in the company's long term potential. But even with my belief in the company I recognise it is in a different phase now. You don't just suddenly start getting a high growth and high PE again for no reason.
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$5.56 |
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
2 | 9168 | $5.55 |
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Price($) | Vol. | No. |
---|---|---|
$5.57 | 11368 | 2 |
View Market Depth
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1 | 3588 | 5.550 |
4 | 13094 | 5.530 |
2 | 31921 | 5.520 |
1 | 4448 | 5.510 |
4 | 20720 | 5.500 |
Price($) | Vol. | No. |
---|---|---|
5.570 | 11368 | 2 |
5.580 | 13739 | 3 |
5.590 | 11601 | 3 |
5.600 | 15885 | 5 |
5.610 | 8601 | 1 |
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