Hey mate, saw something about a $16,000 loss - word of advice from someone who has been there done that.
I invested in the NCL IPO back in 2015, paid 20c a share.... didn't take any profits on the day of the IPO, thought I would long term hold. Over my 5 years of ownership, it dipped down to as low as 2c.
My friends were telling me about sunk cost fallacy, and the reality is I could've taken the loss and made smarter decisions and made the money back with other investments.
I decided to stick it out, but I had to hold it for over 5 years - recently it got up as high as 40c. I sold half my holding at 18c, and the other half at 39c. Made money over the 5 year period, however I would have made even more had I sold earlier and tried to adopt better investing strategies.
There is no right or wrong, you just have to be prepared to be patient.
$2 By Friday, page-261
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Last
36.0¢ |
Change
0.015(4.35%) |
Mkt cap ! $162.8M |
Open | High | Low | Value | Volume |
34.5¢ | 36.0¢ | 33.5¢ | $102.3K | 291.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 13070 | 35.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
36.0¢ | 79161 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 13070 | 0.350 |
1 | 10000 | 0.340 |
5 | 88408 | 0.335 |
4 | 13016 | 0.330 |
3 | 66143 | 0.325 |
Price($) | Vol. | No. |
---|---|---|
0.360 | 79161 | 5 |
0.365 | 34259 | 4 |
0.370 | 39240 | 6 |
0.375 | 53926 | 1 |
0.380 | 106196 | 5 |
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