CLB 0.00% $1.10 candy club holdings limited

@Artvandelay01,I understand your sentiment, but I feel perfectly...

  1. 3,387 Posts.
    lightbulb Created with Sketch. 4561
    @Artvandelay01,

    I understand your sentiment, but I feel perfectly comfortable with my decision.

    Have I sold too early? Probably.
    Have I adhered to my personal financial plan and goals? Yes.
    Have I increased my cash buffer in the face of an overvalued market? Yes.

    I'm not greedy and I don't have a conventional paycheck as I am a full-time investor. When I have a profit -- I tend to take it. I did the same with RBL, 4DS, NZS, SP3, DW8, etc. etc. Most of these stocks continued to rise after I sold and unlike most investors, that doesn't concern me at all. Profit is profit. Everyone has different financial needs/requirements at different stages of their life.

    I like the process of finding an undervalued gem, deeply researching it, letting it run for a while and then starting the process again.

    50% in one month is better than 500% in 5 years in light of the time value of money.

    A valuation of $1 per share for CLB is at the top end of the 'end-game' valuation, it is not the most likely outcome, but it is certainly possible (see below). Good luck.

    Cheers,

    https://hotcopper.com.au/data/attachments/2893/2893012-2d0e2264ce80abf80aedf2f7fb8f1d7f.jpg

 
watchlist Created with Sketch. Add CLB (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.