I'm an LT holder, so for now, a stop loss on this stock does not exist. Not yet, anyway..
Forget about selling for 2- 3 years at least and buy these dips. Build your position here while you can. I have bought twice and will continue to buy as low as it goes.
And when I eventually sell, it will be life changing. It kind of already is... But , there will just be more multiples of current prices in the future. If they want to drive it to 10 or below, bloody beautiful, I will be there to hoover them up. Last year I did the same thing in the high 5's and low 6's.
Now, significantly more derisked, I'm doing the same thing, sub cr price, mopping up. Probably do it again next year in the 20's too.
One of the most successful investors of all time, Warren buffet, did say the stock market is a device for transferring money from the impatient to the patient. How true.
The number 1 thing that will make an investor money in the stock market, real estate, or even cars, is time and patience.
Personally, I've tried trading with limited success, and more bad trades then good.. Some people are, but I'm not built for trading.
The Asx has become a real rigged insto nirvana. With so much current liquidity injected by mum and dad retail investors, they are transferring that wealth to themselves, and building equity more than ever before. .
And their greed, breeds greed. They don't care if they bankrupt everyone in their wake, as long as their books keep improving. Algos, shorters, downrampers, sp manipulation, pump and dump crews, social media bullying and misinformation, the gloves are off. And with the toothless tiger in ASIC policing the ASX , no wonder...
The only way I can beat them is to be a stubborn old Greek and hold onto my precious gems while all hell is breaking loose around me. I'm pulling all my funds from my short term stuff and going long on my little gems. Then I'm going to sit back and relax and let it grow. No more daily manipulation bs, no more stress when the dow is down, no more daily stochastic and rsi or having to put up with parasitic, downramping lunatics. The long game is where it is at for me.
Vulcan will be the dominant lithium play in Europe, and by some of the recent posturing, may be planning to be bigger than that. So, let them push it down and make the sp flounder. Let them trigger the weak hands and bluff the punters. Because brother, You're not getting mine, and you will have to pry them from my cold dead hands...
IMHO, good luck everyone...
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Last
$4.61 |
Change
0.070(1.54%) |
Mkt cap ! $867.5M |
Open | High | Low | Value | Volume |
$4.54 | $4.62 | $4.41 | $1.282M | 283.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 500 | $4.60 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.61 | 549 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 500 | 4.600 |
1 | 1246 | 4.560 |
1 | 1246 | 4.540 |
1 | 1246 | 4.530 |
1 | 1246 | 4.510 |
Price($) | Vol. | No. |
---|---|---|
4.610 | 549 | 1 |
4.620 | 2006 | 1 |
4.630 | 2694 | 2 |
4.640 | 500 | 1 |
4.650 | 2500 | 1 |
Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
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