How to hold/convert SZL share post 12th Jan 2024?, page-1111

  1. 157 Posts.
    lightbulb Created with Sketch. 11
    Profit is theoretical until you sell a share. So you buy a share for $75 and it's now $100. "I've made $25 profit," you might say. Well yes you've made $25 profit, but only if you sell it now. But if you don't sell it now, it's theoretical and it could be $105 or $65 or whatever the next day. And the day after. And so on. So by "locking in profit" you're essentially getting reward and reducing risk ($25ps in this example). "Lock in profits" on Investorshare probably explains it better.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.