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06/04/18
12:53
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Originally posted by Nomadic_Investor
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First, for clarity, I'm not at all referring to THC or volatile specs/MC companies when I say the below.
So while there is always the chance of a turnaround for the patient who don't want to realise their paper loss into an actual loss, there's also the school of thought that one should try put their capital into a stock that is going to work 'hardest' for them by way of delivering overall returns. That is to say - why wait for your losses to be recouped in a stock that may take "one, two or even more years" to turnaround when there are 2000+ other stocks on the market, of which are certain percentage will almost certainly outperform in the short term, while also giving you the chance to re-enter your original 'uptrending' stock later. Ultimately, selling at a loss isn't the be all and end all, providing you're investing in what you believe will deliver you the highest returns.
I'm speaking more broadly here and for example, I waited several years for MTS to go back into the green, and ended up taking out an ok profit. But if I'd put that capital to work somewhere else in those years, I believe it would have been much smarter utilisation. Something I'm continually working on at least.
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The only thing I cannot understand AB puppies and morons is that they dont use the same excuse to ex Mutton team. Why did AB not give enough time to Mutton? Ridiculous and stupid! Now they ask us to be patient. Why were they impatient at that time?