best asx sleeper 10 to 80 by 2027, page-8

I am unsure who you are replying to @shimazuclan as l have put 2 of the annoying "play the man, not the ball posters" on ignore.

lt matters not. I have my strategy and implement it as diligently as l can, trying to ignore the noise of the next day, month and year. They are nothing but distractions as my time horizon for MFG is 3 years.

I am presently very chuffed by a speculative minnow l invested a lot of money in 1,2,3,4 and 6years ago that l had conceded as a lost cause, averaging all the way down including 2 weeks ago at fire sale prices, as l am inclined to do. (It is not right to name the stock as this is an anecdote, not advice). I am very heavily in the red and it was a poor decision to seriously tie myself to this business. I sometimes regret my decisions, but try to learn from them. Each dud reminds me to stick to business fundamentals, not narratives.

Anyway, in the last 2 trading days.... BANG. 40% up on a milestone announcement.

MFG is a business of significantly higher quality in my view, with very sound fundamentals. Yet it renains under attack from all sides, including markets.

Whilst l see market rallies of 15% ahead, taking many stocks up on FOMO, l also see a bear market that will eat young players alive.

I was active in MFG late last week in the sell off. If l can offload some around $11 to $11.30 or so, l will to release some cash for the next sell off in a couple of other positions l have in play whose time has not yet arrived.

Am absolutely enjoying 2022 with opportunities in many places including MFG.

Good luck to all investors on HC who go into battle against non holding down rampers. If you believe in your business analysis, stay the course as many here reaffirm. If you don't maybe you should not be there.

Never ever risk more than you are prepared to lose. If you are in this game long enough a day will come where all is lost. You need to be able to move on to the next battle.

Investor know thyself.

GLTASH