Check my theory. Overall markets up, ADN down and vs versa. Markets are so fickle these days, every participant is being a self proclaimed market and day trader expert, all beating the average (think about that one for a moment!).
It's natural to look at stocks that jumped 10/20/30% on the day and think: OMG, I wish I would have... And then you look at your ADN holdings and you go: Sh..., it's been 32.5c, now down 20%. Should have sold then, and as the sentiment turns you get the usual noise (no news flow, write to the MD, we are late!), amplified by trolls skillfully spreading some gentle FUD and you decide: It's gonna get worse, let's sell and jump into the stock that rose 18% yesterday.
IMO, and my own epxerience, that is a sure fired recipe to LOOSE money.
IMO, review your assessment of ADN. If your investment thesis still stacks up, do NOTHING (not even read hc), as diffcult as it is.
That's what I'm doing as I am still as convinced as ever, and as many other well educated posters here have demonstrated, including wombat and scarpa, that ADN represents one of the most amazing investment opportunitieson on the ASX. Read their research. Why do you thik they do not post every 5s? Because nothing has changed to their FA.
If you can't stomach a 10/15/20% or more drop and the ensuing $5/10/50/100k+ "loss" in your portfolio value, hold less or sell out - but then don't come back in 6/8/12 weeks and say: I wish I would have hold on to my ADN shares...
Not investment advice.
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Last
1.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $49.76M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 2.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 3000000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.020 |
4 | 237117 | 0.017 |
6 | 959278 | 0.016 |
20 | 5974067 | 0.015 |
9 | 1586030 | 0.014 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 3000000 | 2 |
0.013 | 4500000 | 3 |
0.014 | 1850000 | 3 |
0.015 | 1429478 | 2 |
0.016 | 1473022 | 3 |
Last trade - 16.12pm 19/08/2024 (20 minute delay) ? |
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