The good time to buy a cyclical stock? In the low part of the cycle.
Where is Lithium? In a very low point in the low part of the cycle. The lowest? Just time will tell you that.
There is no trick: buy low and sell high, yet simple but hard to implement it, when you see all this bad sentiment around, the negative news, etc... is hard to buy. When you see things sky rocketing, usually id to late.... so enter at a good point in a solid business, and hold on.
I bought at 0.86 1.5 years ago and doubled @ 50c in July. No worried at all, of course I don't like being 50% under water, but the value is still there just waiting to be realized by the market, so SP is just presenting buy opportunities.
Good luck to everyone long and shorts.
- Forums
- ASX - By Stock
- PLS
- When to buy...???
When to buy...???, page-22
-
- There are more pages in this discussion • 51 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PLS (ASX) to my watchlist
(20min delay)
|
|||||
Last
$3.12 |
Change
0.155(5.24%) |
Mkt cap ! $9.290B |
Open | High | Low | Value | Volume |
$3.05 | $3.14 | $3.01 | $47.55M | 15.41M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 121449 | $3.11 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.12 | 123923 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 123407 | 3.110 |
8 | 33489 | 3.100 |
16 | 306697 | 3.090 |
7 | 43221 | 3.080 |
6 | 51248 | 3.070 |
Price($) | Vol. | No. |
---|---|---|
3.120 | 114795 | 14 |
3.130 | 315652 | 29 |
3.140 | 255091 | 36 |
3.150 | 661947 | 84 |
3.160 | 160563 | 21 |
Last trade - 14.20pm 12/11/2024 (20 minute delay) ? |
Featured News
PLS (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, MD & CEO
Charles Armstrong
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online