And thats the beauty of the share market Bruce.
I do personally know a few people who became millionaires because of SYR. They achieved it by not selling their stock . They hung in there when others sold along the way. There will be many that sell VRC when it gets to 10c one day. Those that bought around 2c will think that a 500% profit is too good to ignore.
There is nothing wrong with selling and taking a nice profit. One must do what one thinks is right.
I remember buying SFR at 20c and selling at 50c. I could have turned $20,000 into $800,000 had I been brave enough to hold. But of course we all remember the ones we did hold on to and then watched as they went back down. Instead of making money we ended up losing money. We've all been there.
It's that little voice in our head reminding us not to get greedy.
I could write a book of all the missed opportunities . I am sure many here on hotcopper could also recount the what ifs.
What I like about VRC is that you are coming from a very low base. So the opportunity to buy a lot of stock and not spend a fortune is still there for anyone who wants to have serious go.
One million shares will only cost 30,000 dollars and it could help to pay off your mortgage in 3 years time if it manages to climb to 30c per share.
It could very well happen if things go right, and if it does, VRC will be just another story told by many how they could've, should've but unfortunately did'nt.
Cheers.
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0 | 0 | 0.000 |
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Price($) | Vol. | No. |
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