Hi Salvatore01.
No, you were right to take your profits... There are so many companies out there (as you know) that are currently undervalued and very much worth it. I play the game too (and I even confess that I sold SDG when I saw its recent downturn coming, and now I'm hoping like crazy I don't miss out on the next phase up!!!)
I also sold down my WOW and bank holdings recently, not because they have gone overvalue, but because I saw a weakness in their SP, so I've moved on to my next 'gold mine'.
Just with this one, I purchased it a little higher than I should have so I'm not ready to take my profits on them.
And that's what I like about trading using fundamentals. If you get stuck with a trade, just hold because you know in time it will hit its true value. It'll just take one positive announcement!
Good luck
(I'm hoping for your sake it gets back down to $4 but I'm also hoping for my sake it hits $5.50... I'm torn!!!)
roger montgomery on ccp..., page-18
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Last
$14.79 |
Change
0.180(1.23%) |
Mkt cap ! $1.006B | |||
| Open | High | Low | Value | Volume |
| $14.87 | $15.29 | $14.79 | $2.409M | 160.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 456 | $14.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.81 | 700 | 1 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| CCP (ASX) Chart |