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27/08/24
11:27
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Originally posted by nippy:
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Approach to WCN given risk of market falls, them needing money, repeatedly, and small vulnerable status. @1ronnies usual risk magnified here but things are a little different. You don't worry about losing 50 -90% so much here as the upwards rewards are many times higher in the event of success. So, its risk capital rather than safe money here where you know in advance a percentage of you plays will fail definitely and you can live with that given what the successes do over and above that loss. You certainly don't buy today or most announcement days ( I still hold none ) but wait for the super cheap days as these magnify your gains in the event of success. These days may be weeks or months away, but you wait patiently. It's another way to balance risk and return and not for everyone. It's a way to benefit from a general market crash as you are prepared in advance waiting for your entry opportunity when others panic. No need to be a victim of a crash. You can get rich from it.
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Nippy, I appreciate your enthusiasm, but I think the majority on this thread are more interested in macro picture rather that having stocks promoted at this point of time.