It sure does. Breaks a few rules like don’t buy a downtrend, don’t dollar cost average and manage position sizes. In terms of portfolio composition I’m ok - probably equal weight but I’ve done a bit of research here and I’m pretty confident the market is wrong. At a minimum there’s probably 50% to a bag from these levels in 12 months time but it does take a bit of nerve.
BCC Price at posting:
21.0¢ Sentiment: None Disclosure: Held
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