I've always seen AZL as a long hold for me.I know everybody is different and that's fine.A lot of headwinds with different factors against us and other lithium stocks,so not isolated to just AZL.I know 26 to 1.8 is a bigger fall than some others,but probably at 26 cents,we were overvalued at that stage.I'd be worried if it was just us,but IT ISNT.I've averaged down lately which I'm happy about.I still feel down the track we will come out good,but I'm optimistic by nature lol.If I lose,I'll still eat and live a good life.I know so many people with cancer at the moment,so I feel lucky and blessed.You'll need patience here for sure,but it aint over,til it's over.
The story of AZL reminds me of a quote from Mark Twain, "history doesn't repeat but it rhymes, few years back there was a stock called Galaxy resources (GXY i think), some of my friends bought it at $3, then it became the most shorted stock on ASX so it fell from $3 all the way to 80c and for some reason i was waiting to buy it at 76c (some weird) reason, then it got acquired and on its last day it traded close to $8.
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