KGN 1.15% $5.15 kogan.com ltd

Amazon in the making..., page-15

  1. 3,286 Posts.
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    Hi JW, great to see you are still bullish on KGN.
    It has been a great stock for me, tripled my Super holding and also did four trades that recouped my initial investment. Does that mean I made an infinite % return?
    I am all out now, sold my last half this week at 575c average, the first half at 405c average a few months ago.
    >900c would have been a better time to sell, but then that's the market......

    Reason I'm all out now is:
    - I am worried about the USA markets being elevated (not a new worry for me),
    - every man and his dog is now selling stuff online, how to differentiate yourself?
    - I have recently had a few Kogan branded products that failed on me (2 of 4 Ovela suitcases cracked during flight travel, reverse camera plug cracked and SD card "got lost" inside it, NBN modem failed after 9 months). I take it as a sign that perhaps some of the bears have a point.

    I am still a Kogan user, but not a shareholder.
    Good luck to all holders!

 
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