GXY 0.00% $5.28 galaxy resources limited

Haha another misguided soul who takes false comfort in the myth...

  1. 14,034 Posts.
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    Haha another misguided soul who takes false comfort in the myth of treating a free-carry parcel as though that money is any different to other money they have.
    If it in any way forms a part of your net worth then it doesn’t matter whether you remember it as your cash or the bank’s money, or an earlier profit or a gift or whatever. If it reduces or is lost, you lose money. Simple. If you really believe it will drop significantly, you would sell and replace later with a larger parcel or for cheaper (unless there is a significant tax disadvantage in doing so). Simple.

    But whatever makes you feel better.

    “I'll be buying with my cash when I think the time is right.”
    That explains why you’re confident that we’ll be back in the 80c range soon. You hope we will coz you’re hunting a cheaper entry.
    Also explains the EV doubt and jealousy regarding darkstone’s reported recent trades on the +30% turnaround.
    All the noisy pip chasers missed it btw; you know, the likes of asb and co.
    It’s all clear now...

    Good luck with your entry and whatever parcel/s you choose to hold.

    Cowabunga
    Last edited by GCar: 11/11/19
 
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