Just found a chart of a crap overseas company. Seems they had SP pull back 89% as per below.
same crap company took another 85% hit just a few years later.
But when you zoom out on this companys listing history it doesnt look so bad. Hard to believe it survived an 85% & 89% SP drop.
The 2 major pullbacks are but features in what is a healthy long term successful chart.
I wonder if anyone remembers those 2 little blips on the LHS now in 2023.
Is NVIDIA a relevant chart reference here?
Chart seems to do little other than isolated price spikes in pre and early commercialization times.
Long term holders there must be ecstatic to be up 15,000% since then. >100% year since then.
Perhaps a glimpse of the future but only if you have a long term view of your investments.
Holders can make up their own mind, non-holders and shorters opinions only matter to themselves.
So in short, yes it may go down a couple of cents still. But............................
Chart, page-20239
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