I'm not a professional trader or investor, but I do have many friends who work in this field.
From their experience I learnt that when something concrete really does happen, it's quite difficult to buy the stock in a low price. And the buying should be done before a solid announcement IMO.
Financial report is very important, but potential is another thing; well, this could be a gamble to be honest if NVX does not have that potential.
Buying stocks of companies who have been quite successful or famous could be safer, but it's hard to make a remarkable gain with a relatively low cost.
Even LG CHEM and SAMSUNG SDI are still negative cash flow, and need capital raising every year, let alone a start-up company like NVX who is needing money to invest.
What we are doing is to help the company develop, to become a real shareholder, not just a stock trader.
Of course any shareholder could sell their shares in one day, but definitely not in this stage.
Just my own position because I aim to be a long-term holder.
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18 | 138470 | 0.680 |
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