CXO 0.00% 14.0¢ core lithium ltd

Banter and general comments, page-314

  1. 7,214 Posts.
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    Thanks, Ted. Sure are plenty of different aspects that come into play where the market's concerned, with fear being the biggest. In all honesty it wouldn't have done me any good doubling my holding at 1.4c as I was very tempted to do, though, because, as I've intimated before, that would've taken my average price down to about 3.5c and I'm sure I would've sold all to break even at that price a few weeks later. At that point I just wanted out with my shirt intact. That's what being down $90,000 can do to your mind. I think what I've since learnt is that if you see promise in a stock after doing your own due diligence and applying your own common sense you have to maintain that vision through the tough times and hold fast to reap the big rewards. Sometimes it'll backfire and you'll lose money of course, but otherwise you only get a fraction of the gains. Quite a few here have maintained the faith and are now being well rewarded, and much kudos to them. Bizarrely enough, in about early November I posted here that 'now was the time to hold since there was no bad news coming in the near future', or words to that effect, and then a couple of weeks later thought I could still trade it to make a few bob while waiting for good news to arrive in the new year. What s fool! Ha ha!
 
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