MYX 1.52% $3.88 mayne pharma group limited

Ha ha I said MYX was worth a punt at $1. Hope you're right. I'm...

  1. 410 Posts.
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    Ha ha I said MYX was worth a punt at $1. Hope you're right. I'm holding strong until results. I've re learned a lot from this one via a painful loss of 30% of my trading stake.

    Top 4 lessons that come to mind.

    1. Pay more attention to the trend rather than what you think it should be.
    2. Fundamentals only apply as a subsection to :
    a) sentiment
    b) industry environment
    c) immediacy of reporting information plus or minus 3 months
    3. (With all due respect to those on Hotcopper) Reading forums and the opinions of others invested can reinforce a certain blindness.
    4. Pay more attention to Shorters who are putting their money where their mouths are.

    Not to say that MYX isn't worth a punt in the next few weeks.

    Good luck to holders.
 
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