"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."
What a brilliant post, my sentiments exactly.
SBL is simply another in the waiting IMO. I also agree with the Matt Wood sentiments displayed here.
Interesting targets being put up, one in particular is mine and I think achieveable easily despite the negative market sentiment. All the more compelling reasons to buy and one of the ones I had. So many sit and wait for stocks to rise before they buy, I much prefer to be aboard on the run up not chasing it.
SBL so much reminds me of a gold stock I was told to buy many years ago by a broker. The buy price and target sell price I was told have never left my thoughts. Buy 2c and sell 10c, I never did buy and the stock went way over 10c within a year and went over 25c at my last look quite a few years ago. A company called Mt Edon Mines that was eventually taken over in 1997.
Hindsight is a great investor lol, it never loses, also procrastination never wins.
SBL Price at posting:
2.4¢ Sentiment: Buy Disclosure: Held
