FOMO...brilliant analogy. My FOMO was so large that i decided to take action.
I sold 80% of my LOM holdings and bought more RFN at 114. There was a strong whisper that RFN would make another move and BANG it did. I then sold that bought stock today at 131 and bought back into LOM and BRN.
Ive come to the realisation that this monster announcement won't come soon. I do believe though that a price sensitive announcement will occur before nov 19, when more oppies hit the market.
So in closing, what i am saying is that FOMO should not be a factor for holding on. Im applying this to recent buyers and those who don't have access to options.
Yes i made a mistake by not fully understanding the quantity of options that were to hit the market but that is my bad.
I hold LOM still but i have reduced my exposure.
So don't let FOMO about LOM affect you. There is plenty of value out there just as i found out with another stock i hold.
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Last
6.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $19.43M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 15800 | 6.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.7¢ | 31257 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 15800 | 0.063 |
2 | 84801 | 0.061 |
1 | 326778 | 0.060 |
1 | 431000 | 0.059 |
1 | 17240 | 0.058 |
Price($) | Vol. | No. |
---|---|---|
0.067 | 31257 | 1 |
0.068 | 150000 | 1 |
0.069 | 42000 | 1 |
0.070 | 92518 | 2 |
0.073 | 10000 | 1 |
Last trade - 16.12pm 12/07/2024 (20 minute delay) ? |
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LOM (ASX) Chart |
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