Who would do better the person that sold $1.80 to $1.50 and above that comes back and checks and as you say this will run when DEP results come in. Say that happened tomorrow, I believe you could easily still get in around the dollar mark. But if that news doesn't come for another 6 months the price could then be $0.50 cents and you could get in at 70 cents.
Or the person that held from the highs and now has to put in new money to take advantage of the price fall?
The third option, of course, is the dep results are bad or never come or they come when the price is 30 cents and SPL gets taken over for a dollar?
Justifying holding in a downtrend is the same as justifying staying in an abusive relationship and hoping the abuser will change.
To tell yourself it's ok to hold from the recent highs can only mean you believe when the DEP results come out the price will open above your sell price. Many here could never sell based on that broken thought process. They wake up and repeat the same mistakes over and over again. They decided to top up at $1 and 94 cents recently based on this good news that is bound to come, and now they are down another 22% just in the last weeks. Imagine if they sold above $2 and had all that cash sitting, waiting to buy in on great DEP results.......... imagine if they considered the downside, as well as the upside to holding, imagine if they weren't afraid to sell and could just act.
FOMO kills profits every time.
DYOR
- Forums
- ASX - By Stock
- SPL
- Ann: Response to media article
Ann: Response to media article, page-40
-
-
- There are more pages in this discussion • 16 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 SPL (ASX) to my watchlist
(20min delay)
|
|||||
Last
9.4¢ |
Change
0.001(0.54%) |
Mkt cap ! $39.02M |
Open | High | Low | Value | Volume |
9.4¢ | 9.4¢ | 9.3¢ | $18.55K | 199.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 360670 | 9.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.5¢ | 57000 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 360670 | 0.093 |
1 | 500000 | 0.092 |
1 | 50000 | 0.091 |
2 | 35331 | 0.090 |
5 | 149337 | 0.089 |
Price($) | Vol. | No. |
---|---|---|
0.095 | 57000 | 3 |
0.096 | 100000 | 1 |
0.097 | 40000 | 1 |
0.098 | 200000 | 1 |
0.100 | 116000 | 4 |
Last trade - 12.40pm 13/09/2024 (20 minute delay) ? |
Featured News
SPL (ASX) Chart |