I dont think its overseas - plenty of people have other opportunities. I have a company I want to increase my investment in but a few that I intended to sell are not doing that well. I know they are worth more but what do i sell. maybe you have to sell the things people want. as opposed to last year there are buyers here. So at times I look at the price but the compelling argument stops me hitting the sell button.
A lot are in profits but how many have noted the shares they sold out of too early in the cycle.
I was looking at GBT and realised that I sold some in August last year around the $3.40 mark. Wow look at them now. I dont think there is anything that stops it being a buy right now. So I have no issue if it drops to 50c I thought it may hit that earlier. Beware the professional accumulator they can help it below 50c and your stop will be taken out. I refuse to use stops in small caps.
PGC Price at posting:
53.0¢ Sentiment: None Disclosure: Held
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