yeh it does depend on your investment time frame... 30-40% drops are not uncommon for high growth, high P/E stocks. Just look at all the usual suspects this year, NEA, APT, APX, PME etc etc. For JIN $27 can easily be reached and breached early next year, as long as management keeps executing their growth strategy to plan. I would have missed out on lots of good gains over last couple years had I had stop losses in place.
Jumbo is good buying now, page-88
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Last
$14.06 |
Change
-0.120(0.85%) |
Mkt cap ! $890.3M | |||
| Open | High | Low | Value | Volume |
| $14.14 | $14.23 | $14.01 | $1.252M | 88.63K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 74 | $14.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.08 | 283 | 9 |
View Market Depth
| Last trade - 14.35pm 03/09/2024 (20 minute delay) ? |
| JIN (ASX) Chart |