I concur with your sentiment on the one hand, yet on the other because we are a spec company has more exposed due to not having income coming in.
Just Saying everyone is responsible for their own stack and everyone should be aware of what is acceptable risk tolerance for one may not be for another.
As in some in the crowd saying nothing to see here it's just business as normal, and peeps holding onto their bags take notice of that information instead of looking outside and see Rome is on fire.
I have been caught like that before and it's not a good feeling to know another outcome could have been possible if only I had read the signs better. Even just being aware of the possibilities may negate pain in the short term over the wealth generation over the long term.
Example; at the start of 2018 I listened to much to the HC post's regarding CGT and held onto the idea, I must hold the share to capture the 50% CGT free threshold.
In hindsight that was a very bad strategy as the shares went well below the full tax rate I would incur if I had of sold, instead I held the bag all the way to the turn, learning that some of the best lessons in life are the most expensive. I would have gathered not having the lesson in hindsight but that's the way life goes.
Even knowing how to hedge one's own position may be what the individual needs to do to protect themselves.
The most important lesson I have learnt in the last 4 yrs is the protection of ones capital is paramount in my investment strategy.
Anyhow do I see the market rebounding in the coming weeks? yes I do.
Do I see LPD making many bags from this level.? yes I do
All the best peeps,
LT-B1
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Last
0.2¢ |
Change
-0.001(25.0%) |
Mkt cap ! $17.17M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $8 | 5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
132 | 272304048 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.2¢ | 20226344 | 25 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
131 | 272004048 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 20226344 | 25 |
0.003 | 55280391 | 56 |
0.004 | 39133666 | 36 |
0.005 | 8830858 | 11 |
0.006 | 7143832 | 10 |
Last trade - 10.20am 15/08/2024 (20 minute delay) ? |
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