FBR 3.85% 5.0¢ fbr ltd

FBR General Discussion, page-6340

  1. 1,835 Posts.
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    this could happen to FBR haha

    Excerpt motley fool
    My $29,612 mistake on DroneShield sharesI nabbed 17,522 DroneShield shares in April 2020 for 11 cents apiece — an investment worth about $1,930 at the time. At the end of yesterday's session, the DroneShield share price stood at $1.83, nearly 17 times higher than my purchase price.Shouldn't I be jumping for joy after buying DroneShield shares at 11 cents if they're now $1.83?Yes, if I still owned them…The problem is that I sold the lot — not for $1.00 per share, not even 50 cents. No, I sold out completely when the share price hit 14 cents, taking home a profit of $525.66 before tax. Don't spend it all at once, right…I left $29,612 on the table by selling my DroneShield shares too soon.Why did I sell? In short, the temptation of a quick gain. I knew DroneShield was a speculative investment at the time. So when the share price raced ahead 27% only a couple of months after initially investing, I thought a $525 profit in the hand sounded pretty good.
 
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