NOV 0.00% 5.5¢ novatti group limited

Novatti - The $1 party, page-1361

  1. 553 Posts.
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    OK, so EverGrenade shit the bed for 300 Billion USD.

    I'm not terribly worried about this as yet as Regulators saw this coming and the Chinese Emperor is happy to let some Corps burn in China to prove that ZCommunism still owns the country. So be it.

    So, it's a messy market and we have the 'old ways' back now Biden is in and not pumping the NYSE as a Presidential metric of success.

    Meanwhile, in Australia we have a population over lock downs and venting frustrations ... but the C19 virus is still with us.

    I know that's a pretty hefty Macro view right, and "So what" it can be said.

    There's a great graphic (Twitter/LinkedIn) that show journey from start to journey's end is not a straight line by any means.

    A couple of things I've learned in Crypto and a bit now I'm here in ASX.

    1. Use case is the number one driver - product solves customers problems
    2. Business is well run and has vision + execution
    3. Time in the Market is most important (Ignore the chop)
    4. Patience
    5. Invest don't trade short-term (That's me - you may of course be very different)
    6. Don't believe the hype/FUD do your own research

    And that's pretty much it.

    I don't normally get this excited about a stable ASX stock but I really like NOV, ticks my boxes.

    Also, ASX is (respectfully) pedestrian like ... I've seen $100 USD turned into 32,000.00 USD in 6 weeks and people cashed out.


    My point is, this ain't volatile for me at all.

    Nothing about the Businesses Value has changed only chop with the Price. Price and Value are not the same thing.

    #GLTA

    Respect all comments here +/- all are valid.




    Last edited by The_Mainlander: 20/09/21
 
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