I have been in this stock for a while now. Since it was 15 cents couple of years ago and also when it went upto 85 cents and also when it was down to 7 cents recently. I sold everything at 9 cents just to see the next day it was flying to 12 annd then 15 n 18...I have a very good holding and booked a loss. I bought back again at 16.
When I started monitoring this stock 2 years ago, I used to hear that put in the drawer for 2-3 years and don't look short term. When I hear the same now, I wonder why the 2-3 years time line hasn't changed?
Stories to learn are,
- if you believe in the stock don't sell it even when it drops from 80 cents to 8 cents, even if you think that if the stock can drop 72 cents, its not hard for it to go down to 1 cent.
- Don't worry for the time line, 2 or 3 or 5 years if you think that the stock gives you better value why worry about when it will. Take the investment as Retirement/ Supeannuation investment.
I believe in this stock. I am in love with it, my first love.
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