There is no right or wrong strategy with trade. You need to change with time and trend. There are 100s of instances where long term holders also made huge loss. Check most of blue chip companies' one or two or 3 years return, it is still negative. If you see last 4 years, all over world, many pensioner/life insurance/401k/super, most of them lost lot of their saving that were accumulated over 20-30 years in their life and many postponed taking money from fund after retirement.
I would think many OBL holders who bought at high 5-8cents 2 years ago are sitting in loss. It all about timing. People who make late entry at right time make more return in short time than one who holding share for over 3-5 years. It is up to individuals who adapt whatever the strategy best suit for them and how much risk they would like to take in trade. I would not really bothered. The whole discussion looks off the topic and not relevant to OBL thread.
OBL Price at posting:
4.8¢ Sentiment: Hold Disclosure: Held
