APX 8.60% 50.5¢ appen limited

brave souls rewarded today, page-162

  1. 454 Posts.
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    I am not ignoring or disputing anything you have said above. The problem is, I dont know how to time the market or find the bottom. So I am happy with my position in APX in low $10s at the moment.

    It is not to say, I do not try to time the market but every time I have done that, I have miserably failed. I traded FLT between $11 and $17 for multiple months. Last, I held FLT at an average price of $13.8x and sold at $14.xx just before the results were announced. I was anticipating it going back to $12s as everyone knew the numbers were going to be crap.. saying I feel bad is an understatement when I now see FLT closing in at $25, and I am talking about $45k worth at $13.8.
 
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