TMZ 0.00% 0.5¢ thomson resources limited

Lower share price = better valueIf the stock is any good you...

  1. 429 Posts.
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    Lower share price = better value

    If the stock is any good you should be celebrating cheap prices and topping up unless your focus is short term..

    Scaling in is always a good approach. Buy your allocation all at once and you can't afford to top up and are depressed by lower prices rather than elated..(tip; being elated is preferred) As you get to know a Company or Project buy in tranches as your conviction rises. Stop at anytime you see red flags. Sell if there are too many or Major issues and move on.

    This is a long term play. The Silver Price is manipulated along with the whole fxxxxxg Economy these days thanks to Central Banks At some point Silver will be the flavour of the month or year so load up if you can afford to sit on it.
    On the other side of it Management and Resources need proving up and a Business built. If its a success it could rain silver.

    This is not investment advice to buy but reflect on where you stand with this stock You need to know your level of Conviction (gained thru knowledge), Risk level and work out how much $$ you can afford to risk.i.e % of Portfolio

    1-3% low conviction
    5% medium Conviction
    10-20% = very high conviction

    10 plays of 10 percent is good particularly if they are high conviction. One 10x and you are good .
    The first few years of resource investing are a $$ education for most people.
    Keep learning till you find an edge.
    Generally knowing more than the next guy gives you an edge.

    Good luck and DYOR you lazy scmuck

 
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