KGN 0.00% $5.15 kogan.com ltd

Still holding. Optimists (like myself) were hoping for the $20+...

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  1. 67 Posts.
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    Still holding. Optimists (like myself) were hoping for the $20+ retrace leading up to Xmas but looks like it's not quite on the table. But what we did get is a nice slow and steady retrace from $15.50 over the past month. Fundamentals unchanged, and the Mighty Ape NZ acquisition is just another reassuring hint towards the long term focus of the company, beyond all this acute insanity.

    Plus it looks like, barring any crazy news, we'll just be slowly and surely working our ways to the mid 20's over the next few months. Red days and green days. Instos are still holding at low $20's (I believe, correct me if I'm wrong) so looks like recent crazy price action is just part of the times. Was gonna sell out on Monday when I was pretty much break even, but chose to hold on, will be looking at the movement on a month to month basis for the short term I think.

    GLTAH, and good riddance 2020
 
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