After reading your replies, I pulled the large orders I had put in to average down further. It's better to play it safe and lose what I have already "invested" (lol what a joke, thought I was investing), than to risk losing more and trying to average down during this price cut opportunity. Only time will tell if I have made the right or wrong decision. I went over previous brokers' advice from different institutions that I had sought last year, all of them said what I thought, which was that it had sticky customers, good recurring revenue, good foundations, good finances, the only red flag ONE out of 4 brokers said after I had already bought in and averaged down, was that margins were decreasing and NPAT down as a result, likely due to covid wage rises causing higher expenses and covid causing competition for biz. 3 out of 4 said glowing reports and to buy and they weren't "pumping" the stock. So we are not the only one's who got hood winked. It made me feel a little less stupid, but yes, I will never invest in a non-blue chip THAT ALSO HAS GOOD FOUNDATIONS ever again. And I will never average down on company news and downgrades again that have a real effect on bottom line.
Unfortunately I have a few other dog stocks, also purchased years ago around same time before I learnt this loss loser lesson.
Thanks HC members for your support. It does help and fortunate to have your input and empathy.
GLTAH - I'm with you until this stock either lives or dies. But anyone who can take a small loss or small profit, genuinely happy for you that you can get the fork out alive!
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Last
$1.06 |
Change
0.005(0.48%) |
Mkt cap ! $473.0M |
Open | High | Low | Value | Volume |
$1.04 | $1.07 | $1.04 | $454.1K | 429.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 200 | $1.05 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.06 | 4448 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 200 | 1.050 |
1 | 3130 | 1.045 |
2 | 6728 | 1.040 |
2 | 29483 | 1.030 |
1 | 4000 | 1.020 |
Price($) | Vol. | No. |
---|---|---|
1.060 | 4448 | 3 |
1.065 | 18589 | 2 |
1.080 | 16338 | 2 |
1.095 | 15500 | 1 |
1.120 | 2685 | 2 |
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