Australia's largest stock trading and investment forum Australia's #1 stock forum

ART

Click for more information

3.92%

24.5¢ airtasker limited

it ok , we all being this before .. learn the pump and dump .....

First 262 Last

Share
Profile

Follow
dotaking

5,256 Posts.

389

01/04/21

17:17

Post #: 52213913
Share

Originally posted by brooklyn99: ↑

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.

Expand

it ok , we all being this before .. learn the pump and dump .. the danger of ipo.. i learnt my lesson , i rather take profit then wait for ipo to go even higher...

ipo is the best time to make money and loss money .. normally just buy at the start of ipo .. buy around 20 percent of ipo , then dump it asap when you going to make 30 percent

ART Price at posting: $1.16 Sentiment: Sell Disclosure: Not Held
Upvote

0 Great analysis

Reply

There are more pages in this discussion • 134 more messages in this thread...

First 262 Last

Add ART (ASX) to my watchlist

(20min delay)
Last 24.5¢		Change -0.010(3.92%)		Mkt cap ! $110.8M

Open	High	Low	Value	Volume
26.0¢	26.0¢	24.5¢	$29.12K	116.5K

Buyers (Bids)

No.	Vol.	Price($)
6	93846	24.5¢

Sellers (Offers)

Price($)	Vol.	No.
25.0¢	711	1

View Market Depth

No.	Vol.	Price($)
6	93846	0.245
6	30374	0.240
1	2130	0.235
4	45868	0.230
1	4748	0.210

Price($)	Vol.	No.
0.250	711	1
0.260	14143	4
0.265	30995	6
0.270	84508	11
0.275	22762	2

Last trade - 16.10pm 16/05/2024 (20 minute delay)


Last 24.5¢			Change -0.010 ( 3.92 %)
Open	High		Low	Volume
25.5¢	25.5¢		24.5¢	112703
Last updated 15.46pm 16/05/2024 ?

ART (ASX) Chart