So LB this is probably a pretty simple question coming from a new(ish) investor. Why sell and not just average down if/when a crash happens?
If you still believe in the company's potential, wouldn't any drop in SP be a buying opportunity?
I guess if you are a trader this is redundant, but as an investor being exposed to CGT and brokerage fees wouldn't it be more simple just to keep invested? Continue to build on what appears to be a substantial holding?
I guess the reason you wouldn't is if you lost absolute faith in the management or company and see no way back- or see faster growth in other areas or another company. Is this what you are saying LB, that Dubber is not a viable long term opportunity?
I don't disagree with what you are saying wrt market conditions. However I made some DUMB decisions during the March drop as I lost my nerve- most of those companies bounced back and then some. I don't plan on making them again and will use any substantial drop to increase holdings and average down where I can in the company's I see with a long term growth path.
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Last
4.4¢ |
Change
-0.001(2.22%) |
Mkt cap ! $40.43M |
Open | High | Low | Value | Volume |
4.6¢ | 4.6¢ | 4.4¢ | $83.57K | 1.845M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 11999 | 4.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.6¢ | 222222 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 11999 | 0.044 |
1 | 60000 | 0.043 |
1 | 60000 | 0.042 |
3 | 368316 | 0.041 |
5 | 328300 | 0.040 |
Price($) | Vol. | No. |
---|---|---|
0.046 | 222222 | 1 |
0.047 | 50023 | 1 |
0.048 | 60000 | 1 |
0.049 | 600000 | 2 |
0.050 | 291992 | 3 |
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