Only if you sell. Remember that the stock market is the mechanism by which wealth is transferred from the impatient to the patient. Stocks go up and stocks go down every day but, in the long term, price usually follows value. The trick is to differentiate between the two. If I’m confident that the price is less than intrinsic value, I just do as Jesse Livermore did - sit on my hands and do nothing. All imho so DYOR.
Appen, Entropy, DCF Models & Investor Behaviour, page-188
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Last
47.0¢ |
Change
-0.020(4.08%) |
Mkt cap ! $104.5M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 49.5¢ | 47.0¢ | $1.169M | 2.448M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 119772 | 47.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.0¢ | 2110 | 3 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| APX (ASX) Chart |