Het Sc, when does one stop buying?, I think the strategy of averaging down does come to a fork in the road where it works out or not work out, ….like a Company I was invested in, WFL, where that strategy failed, (I was out of it well before hand).
Little like doubling your bets on red or black on a roulette table and hoping to recover your money.
The emotions of ‘FOMO’ or concerns for lost of capital are powerful emotions, Chillydog, imo, has covered himself very nicely; preservation of capital with potential upside on the remainder of his holdings.
The emotion felt when I sold 1000 shares @$27 to buy my Wife a new car and thinking about the ‘loss’ if the shares continued to rise!, lol.
Have been selling for a while so I can cash in and add to my industry super fund, it has made a difference but no where near what it would have been at $27/$23, never more true than a bird in hand is worth …..
At 64 happy to start drawing down, another truism; if I have 100 grand and somebody else has 1 million it can not not make then 10 times happier.
Gltah, not advice and imo.
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Last
$14.65 |
Change
-0.350(2.33%) |
Mkt cap ! $309.6M |
Open | High | Low | Value | Volume |
$14.50 | $14.94 | $14.25 | $1.266M | 86.85K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 126 | $14.25 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$14.65 | 99 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 126 | 14.250 |
2 | 385 | 14.000 |
1 | 250 | 13.750 |
1 | 219 | 13.670 |
1 | 160 | 13.600 |
Price($) | Vol. | No. |
---|---|---|
14.650 | 99 | 1 |
14.800 | 1000 | 1 |
15.000 | 500 | 1 |
15.150 | 149 | 1 |
15.500 | 44 | 1 |
Last trade - 16.10pm 05/08/2024 (20 minute delay) ? |
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