SAS 0.00% 1.6¢ sky and space company ltd

What's next for SAS, page-212

  1. 5 Posts.
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    Buying when the stock breaks this downtrend would be good for capital preservation ...
    Lock in your losses, wait for SP to either settle or start a move up then buy in again

    That way you have capital (money in your pocket) and you don't need to allow the stress of daily price movements affect you.

    Chart is bad at the moment and it's critical to respect the trend. The reality is that the SP doesn't just reverse instantly overnight, trends take time to form so there won't really be a case where it just jumps and pumps to 15c let alone 50c or a dollar

    The share market is a fickle beast and at the current valuation of ~100mil it's not cheap either...

    Holding a stock instills a self bias that you are onto something and that a lucky break is all that it'll take for fortunes to turn but if you really believe in SAS then it'll be in your favour to it yourself in a position to either accumulate a larger position at a lower price or at least not have to worry about the SP till it is on the upswing again

    GLTAH
 
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Currently unlisted public company.

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