DXN 6.33% 7.4¢ dxn limited

Maybe you missed some good news and some bad news???The good...

  1. 4,371 Posts.
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    Maybe you missed some good news and some bad news???

    The good news...
    I see the deal mentioned in the last 4c was done but don't know what the profit may be... what.png

    The bad news...
    https://hotcopper.com.au/data/attachments/5420/5420814-e6d7e91a9f21d2922f271b60832aaa3e.jpg

    As to why aren't people selling... well... read thru any random forum on HC and you will see many many MANY comments like...
    'it's only a loss if I sell'
    'it's a good time to average down'
    'it's too far down to sell now'
    'it's into the bottom drawer with this one'
    etc etc etc

    Trading 101 notes 'stop losses' to avoid possibly going on a death spiral and if you look at the LT chart here I think you'd leave it alone as it's only ever gone down since listing... 20c to 001 at the low... eek.png

    Why do I still hold... mentioned before... excellent earlier profits so dropping a tiny bit back in so can keep in contact here with my best mate '49... biggrin.png




 
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