some people who buy in during a channel say the current 8-10c, and find themselves underwater, dont have the nerve to see their investment come home. I accept in any stock, that when i buy in, that it could trend lower. But the reason i bought in, was because i saw value and a re-rating over my entry price. Even if todays price is less.
Plenty of us see periods of red, until the other sellers exhaust, and company continues to progress to the rewards of why you bought in the first place. IF That pathway remains intact, then the sellers are just sheep who are placing their future on the emotional decisions that the lemming in front of them made.
Thats the sort of emotional decision making, that sees those effected, never able to weather a storm, to really ride out a winner.
IBX Price at posting:
8.4¢ Sentiment: Buy Disclosure: Held
