it’s certainly not an investment strategy for everyone. There seems to be punters here who freak out when their investment is in the red for one day. Imagine how they would go if they were in the red for 98% of the time over 4 years?! Haha
The payoff was worth it though. The opportunity cost of buying in a bear market for 3 years has resulted in shaving off 26 years of having to pay off a house.
And I guess the beauty of this strategy is that you are constantly lowering your average purchase price. Which means you don’t need all time highs in order to make big money. All you need is the bull market to return. The tide that lifts all boats.
But for the record, I think this stock will post a much much higher all time high in the coming years. Fantastic numbers for 6 weeks, can’t wait to see the numbers over 2-5 years.
IMO
GLTAH
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Last
0.6¢ |
Change
-0.001(14.3%) |
Mkt cap ! $7.440M |
Open | High | Low | Value | Volume |
0.6¢ | 0.6¢ | 0.6¢ | $110.1K | 18.35M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 221999 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 4427311 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 165000 | 0.006 |
29 | 12283175 | 0.005 |
18 | 42618870 | 0.004 |
5 | 6120351 | 0.003 |
7 | 6025000 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 4412311 | 10 |
0.008 | 6986671 | 10 |
0.009 | 2241666 | 7 |
0.010 | 1577000 | 6 |
0.011 | 1200000 | 2 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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