I was a new trader last year and bought in to WMT at 36.5c with all of my cash flow of 16K. At the time I did not understand the importance of diversifying. I watched the share price rise to 46c and not knowing anything about stop losses have since watched it fall to todays prices. I have been quietly confident in the company though, imagining that in years to come it will at least get back to where i bought in. Only recently I have entertained the thought of selling and taking a loss of about 12K and putting the remaindng 4K in another company that has great potential and is down because of the current market.
Can anyone see WMT being at 40c in the next couple of years?? I sure can, but maybe i simply have tunnel vision because thats where my cash is ?? :-)
Would love to hear from experienced traders, what they think would be a wise move...
Any comments welcomed. Thanks
WMT Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
