SBL 0.00% 0.1¢ signature metals limited

cheapest west african gold producer by far, page-6

  1. 776 Posts.
    Hi Aman,

    I agree sentiment is bearish... and that giving stock price "potentials" in current markets can be fraught with danger, however i responding to a request.

    I will say however that sentiment can change very rapidly. We were in terrible times after the GFC, but those who had the "balls" to put their hard earned into seriously undervalued companies made fortunes. Those that sat on their hands and commented about bearish market conditions meekly succumbed to the herd mentality.

    Markets will always go up and down. All we can do when they're down is use our skill and knowledge to find the companies that will rebound the hardest when the broader markets start to shift.

    I have seen it many times... if you sit and wait for the bottom, thinking that you can get in cheaper, all of these "undervalued" stocks will be up 20-30% in a heartbeat, and you've missed the boat.

 
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