OAK 0.00% 6.0¢ oakridge international limited

Sounds like an interesting story mate. Good job recouping the...

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  1. 4,710 Posts.
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    Sounds like an interesting story mate. Good job recouping the losses. For me XPE is now (from a profit) the loss I need to recoup, but just another word of caution - don't bet the house on one stock. There are a few who advocate the one /two stock portfolio and to 'focus'. but if you are, as you admit yourself, learning still, then this indicates that you may be at risk of wiping out if the one stock goes against you. If you know what you're doing, sure. But it is definitely one way psychology gets you - you make it big in a stock or something, fall in love, and keep doubling up, playing it, and eventually don't realise if it a) becomes overpriced b) news becomes more negative than you tell yourself and c) you become more emotinally attached and eventually miss the times to head for the door.

    I hope XPE goes well anyway, but just be safe and don't get suckered in that one stock becomes 50, 75%, 90% of your portfolio. It's a recipe for disaster as a wipeout and no cash means no investments at all, whereas lost profit is a bummer but you live to invest another day at least.
 
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Last
6.0¢
Change
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Mkt cap ! $1.619M
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No. Vol. Price($)
1 9135 6.0¢
 

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Price($) Vol. No.
6.5¢ 28474 1
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Last trade - 16.12pm 13/11/2024 (20 minute delay) ?
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