I88 5.34% 62.0¢ infini resources limited

Have you heard of a de-risking strategy? I don’t go Al in in...

  1. 10,420 Posts.
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    Have you heard of a de-risking strategy? I don’t go Al in in this sector.
    having a POTENTIAL to hit 150 mil or a billion means there is a reason to hold shares, which I do. However, as it is still POTENTIAL, my strategy is to always de-risk by attempting to free carry. It takes away any anxiety associated with the volatility of these spec stocks that can have one in significant profit and just let it slip. My approach is always to buy during consolidation phases and then de risk. If the potential is there to be a major discovery or significant sp appreciation I will continue holding a decent parcel and ride it all the way. This is how I have made returns in the past. You will find most people at this end take this approach unless they are dealing with small parcels.
    anyway each to their own. The results in i88 has increased my conviction to hold and if it dips will look at points of consolidation to buy back in.
 
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Last
62.0¢
Change
-0.035(5.34%)
Mkt cap ! $23.54M
Open High Low Value Volume
65.0¢ 66.0¢ 59.0¢ $127.1K 202.5K

Buyers (Bids)

No. Vol. Price($)
1 2850 61.0¢
 

Sellers (Offers)

Price($) Vol. No.
64.0¢ 984 1
View Market Depth
Last trade - 15.59pm 27/08/2024 (20 minute delay) ?
I88 (ASX) Chart
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