People getting caught up in day to day share price! its crazy but I can understand why, I had 5 weeks off work recently and was watching the market very intently, doing quite a lot of reading on some theory and into the different ASX listed companies! so focussed on the short term and the smallest amount had me on edge!
Take a look at the annual chart for ERM - 2.8c in Jan and we have peaked at 19c. we move more in a day than it was worth back in January! Those who bought in then are sitting pretty and I know a few of us on here have been in since years back and previous highs (I know I bought in way back at 15 cents sadly).
Bit of perspective goes a long way. We are cruising along well. Hard work of management who have kept us running without any cap raises for years is starting to be recognised and is getting a pay off. I could have sold off at 17+cents and finally made a profit off my years of losses but i'm happy with the direction (just said i wasn't paying attention and it was bottom drawer for me back in January so I didn't buy any more then!!).
GLTAH, cheers
ERM Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held
