"I bought a stock for 20c, and sold out at $2. Not long after it shot up to $8. After this experience, one tend to hang on a bit longer"
Have to agree with NYC's points. If one had purchased 125,000 shares for 10K of AKM @ 8 cents, surely they would sell the majority at a dollar. Say sell 100,000 shares and keep 25,000 in case the price keeps rising.
Similarly assuming you bought 50,000 shares in the stock at 20 cents and it's now at $8 (are we talking about SFR???) why did you sell all of it at $2? Why not sell 40,000 shares @ $2 for a $70k gross gain and keep 10,00 shares just in case it went to $8?????
Anyway coal stocks are in the gutter atm. I feel sorry for anyone who's cost base is above 20-30c on this particular stock.
sad sad day, page-13
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Last
37.0¢ |
Change
-0.010(2.63%) |
Mkt cap ! $187.8M | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 37.5¢ | 37.0¢ | $15.53K | 41.67K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 39439 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.5¢ | 1826 | 1 |
View Market Depth
| Last trade - 15.54pm 12/07/2024 (20 minute delay) ? |
| AKM (ASX) Chart |