Hi mate. I think it quite depends on individual's investing strategy. Everyone has an opinion and all the investing decisions that we can make is based on the previous experience and the expectations for the future.
To me, I do reckon PRL has a high probability of success, but we have to understand what timeframe we are expecting here. TBH, I don't know. All hydrogen stocks (companies) are babies at the moment. Only a handful of these projects will be realized at the end of the day, and it can take 5-10 years. I sold out my position here just because I see the current valuation as high given where we are now so there is a downside risk considering the fact that the rally of the general market is almost over. I maybe wrong as nobody can predict the future but I just wanna lock in my profit and wait for the next chance to get in after I assess the risk. I made the decision as I have learned some lessons from other stocks.
I see some people that have much higher conviction in PRL disagree with me here but I don't wanna argue with any of them, because it is just a matter of different investing strategies. This is a speculation stock, so we shouldn't pretend to be smarter than anybody else and everyone should do his or her own research.
Good luck mate!
- Forums
- ASX - By Stock
- PRL
- Ann: HyEnergy Project Awarded Lead Agency Status
Ann: HyEnergy Project Awarded Lead Agency Status, page-32
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PRL (ASX) to my watchlist
|
|||||
Last
4.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $48.44M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
PRL (ASX) Chart |
Day chart unavailable