FFX 0.00% 20.0¢ firefinch limited

You are nuts trying to pick the absolute bottom. To many of us,...

  1. 11,005 Posts.
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    You are nuts trying to pick the absolute bottom. To many of us, the strategy is to average down to a good price. We do have our own value, a 2c increase here is a 50% return on our latest investment. Who is to know the absolute bottom price is? By delaying too long, we could miss it all together. Best is to accumulate on a price we are comfortable with and what in our mind is fair value. If you can pick the absolute bottom, you need not be here. Even on today's value, a sale price of 25c is still regarded as way too cheap, yet it is a 600% return, you don't turn a gift horse in your face. Even if the wait is 12 months, it is still worth it. Many of us think MLL will be worth a lot more here, just to be patient and average down to reduce our overall cost. Just my take, mate.
 
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