APX 2.02% 48.5¢ appen limited

$29-$31 target, page-243

  1. 63 Posts.
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    IagreewithSwage,thatisessentiallytryingtotimethemarket.Anyonewhosays“nowisnotthetime”and“waitforit,therewillcomeatime”and“nextweek,month,yearorwhenthishappensandthathappens,thatisthetimetodoXYZ”istimingthemarket.

    Whoistosay2daysagowasn’tTHElowestpointofthebottom?

    Marketsareforwardlooking.Covidcouldgetworse,butthemarketcouldbealreadyforwardlookingto2021and2022.Itcouldalreadyhaveswept2020undertherugasazerogrowthyear,andthemarketcouldalreadybeprojectingrecoverygrowthin2021andstartingtobuyintoa2021/2022growthstory.Marketscouldalreadybefullypricinginazeroornegativegrowth2020.

    Whoknowsuntilit’sintherearviewmirror?

    Iknowaverysuccessfulinvestorwhobuysthroughoutthefearperiod.Notjustatpeakfear.Heknowsthathedoesn’tknowwhenthebottomisexactly,sohebuyswhenhefeelsthecompanieshebuysarereasonablypriced.Ithinkhe’sdoingquitewellatthemoment,andisratherrich.Nottherichestintheworldbutiswealthyenough,butIseemtohaveforgottenhisnameorhisquotes.
    Agree I bought some at $18.90 and I am happy with that bargain if you ask me silly people selling I am looking a few years out if they go lower I will buy some more
 
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