” Here is a lesson for stock newbies... “
Growler invested $50,000 in NOR , sold while in profit and free rode for 5 years , let’s look at this example :
At this point in time , NOR’s share price increased 700% , let’s assume Growler didn’t buy at the bottom and sell at the top this time . Let’s use 350% as a guide .
$50,000 x 350% = $175,000
Takes out capital , $50,000
Balance $125,000
98% decline = $122,500 loss for inaction and bad decisions
Current share valuation $2500
End result , $122,500 loss and this is the reason he posts negatively everyday on the NOR threads for the next 5 years .
Please note , Growler continues to hold and remain a shareholder to this day . He has the loudest negative voice and asks the most questions on this platform , but he does not vote or participate in the AGM . He does not acknowledge any loss and seems to be in complete denial . I wish him well in the future with his investing .
All in my opinion ....
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Last
3.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.24M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 46822 | 3.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.5¢ | 233145 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 46822 | 0.032 |
2 | 114106 | 0.031 |
2 | 35400 | 0.030 |
1 | 96000 | 0.028 |
1 | 180000 | 0.027 |
Price($) | Vol. | No. |
---|---|---|
0.035 | 233145 | 1 |
0.038 | 26342 | 1 |
0.039 | 126001 | 1 |
0.040 | 123849 | 1 |
0.042 | 23833 | 1 |
Last trade - 16.12pm 15/11/2024 (20 minute delay) ? |
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NOR (ASX) Chart |
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