...sure, Rio Tinto can wait a decade, these big companies can burn US $1B as if it is part of the normal course of doing business, if they get it wrong. https://x.com/jczuleta/status/1819200229658288189
...but can you wait 2 years let alone a decade? And can you stomach a possible 50pc plunge in the stock price in the coming months?
...LTR hodlers who did not sell at $3 because they believed it should be worth a lot more, will never sell now at any price below $3, because it would make them feel stupid. Failing to recognise and acknowledge such an error could in retrospect months ahead to cause them to make the same common mistake that LT holders make to stay the course to ride the adversity to oblivion - just like APX LT holders failing to sell at $40 (hoping for a $100) ended with an under $1 stock price.
