Well, I'm LT so if it drops in for more buying. If I get another $10K worth I'll drop one of my higher cost parcels on the way up to average down if the momentum up slows.
I know nothing in life is guaranteed which is why I diversified a bit and dare I say... if I just went all in GXY I'd be 2x better off than now.
Picking a winner on the ASX is getting harder and it seems just plain luck is a big factor.
Charts are all good etc... but if everyone has the same charts and same ideas then when people decide to sell it becomes a mass exodus and a mess.
Anyway the rising cost of oil and prospects of battery technology breakthroughs etc gives me a lot of confidence in this industry. I hope we look back at now in 20+ years and look on the Tesla model 3 like we looked at the IBM 80286 when it first came out.
Chart, page-9309
-
- There are more pages in this discussion • 14,158 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GXY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non Executive Director
Simon Kidston
Non Executive Director
SPONSORED BY The Market Online