Hey mate,
I think the majority of holders are feeling stressed with their investment, so you’re definitely not alone there.
A good rule of thumb, particularly in speculative stocks, is to never invest more than you’re prepared to lose.
Nothing worse than taking a hit in the markets, that can turn your life upside down.
The majority of speculative stocks (95%+) never see revenue. That’s why it’s always a good idea to lock in profit on the upward swings/positive announcments.
With posts on HC, mine included, always take them with a grain of salt and never let them sway your investment decisions.
I try to be as transparent as I can about my investment/sentiment … and also objective.
But I’m a little more on the optimistic side with this stock, even at present.
The nature of speculative stocks also means a lot “speculation”, both positive and negative.
IMO, the MC is worth a punt. Fundamentally, if Justyn can get the short term cash issue resolved and Daelim continue their support …. That’s a win and we’re back on track, despite the new delays.
They’ll then need to get projects up and running to avoid further dilution whilst they navigate the changes in legislation … if they can do this and any of those projects include the word “hydrogen” … I’d imagine a little kick in SP.
I did buy a decent chunk under 1c, but I advise against “averaging down” for the sake of averaging down.
If you believe they’ll turn things around, then it’s a screaming buy.
If not, then don’t put more funds in.
I like to imagine my current investment $ in any stock as cash in the bank. I then ask myself, now that I have $x, would I put it back into stock ABC ? If the answer is NO, then I sell and don’t buy more.
If it’s YES, then I hold and accumulate (funds permitting).
If you focus solely on “losses” “average price” etc, I find it brings too much emotion into the investment. It should be looked at simply as a cash balance, that you can remove at anytime and use elsewhere.
All IMO etc etc.
Cheyne
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Last
1.3¢ |
Change
-0.001(7.14%) |
Mkt cap ! $24.73M |
Open | High | Low | Value | Volume |
1.5¢ | 1.7¢ | 1.2¢ | $325.2K | 22.28M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 69000 | 1.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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1.2¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 69000 | 0.015 |
2 | 124428 | 0.014 |
3 | 2114807 | 0.013 |
4 | 1397456 | 0.012 |
2 | 229418 | 0.011 |
Price($) | Vol. | No. |
---|---|---|
0.015 | 576937 | 4 |
0.016 | 595746 | 2 |
0.017 | 2390171 | 3 |
0.018 | 5093000 | 2 |
0.019 | 770631 | 5 |
Last trade - 14.00pm 14/06/2024 (20 minute delay) ? |
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Last
1.3¢ |
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Change
-0.001 ( 7.14 %) |
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Open | High | Low | Volume | ||
1.6¢ | 1.7¢ | 1.3¢ | 21022980 | ||
Last updated 13.48pm 14/06/2024 ? |
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