AVB 0.00% 16.5¢ avanco resources limited

how much avb is too much (seriously)?, page-23

  1. 3,312 Posts.
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    I know I'm a bit crazy, but in terms of % in one company I'll give you some of my personal anecdotes.

    I had 70% of everything I owned in GDO at avg price of 28 cps. Sold into the takeover at 45cps.

    6 months later I had invested 40% of everything I owned in MAD at 25 cps, I sat on this for 6 months with no increase in share price, then over a 3 month period it appreciated to 1.40, with me selling my shares over this period for avg price of 1 dollar.

    You've gotta be willing to risk big to gain big. But remember, if you're risking big you can also lose big. If you're risking big you have to be DAMN SURE you're not just investing emotionally, but making a good decision.
 
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