Yes we are taking a beating, so are many of my stocks in a few sectors.
I just go why? Occasionally I wonder about being a trader, then I go frick that stress.
The way i look at the markets is from the f*wits point of view. As previously posted June, July are generally shit months as we head to EOFY, many selling stocks to reduce taxes in other areas/investments.
The thing I always cling to, and has been successful in most cases for myself is that initial conviction you had with the company. Yes it can take a fricken age if you are a new investor, but conviction will generally led you to succeeded. Every single stock I’ve invested in has has had delays and has been a roller coaster ride, only one is pissing me off at the moment.
Patience is the key in these turbulent times, soo much happening in the world with inflation overflow due to Covid limitations. .50% today expected but the sheep hate it.
Have a long term goal and stick to it, if your stock has potential as ADN clearly has, just ignore the silence, and then just ignore the noise thus created.
Best thing you can do in these times is just spend a little more time researching your investments, further hunting of new opportunities.
The best thing you can do is not freak out over the downturn you may be experiencing.
Good companies with great growth prospects always come right. Occasionally the market gets it wrong and then you’ve got the monters who play the fiddle all day long.
Long story for a short message.
ADN looks to me to be a great company with enormous potential, under 10c is a screaming buy.
Be prepared to be here for a few years yet to really realise your return.
Holding strong.
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Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $24.00M |
Open | High | Low | Value | Volume |
0.7¢ | 0.7¢ | 0.7¢ | $19.57K | 2.879M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
26 | 13964080 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 8205228 | 16 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
26 | 13964080 | 0.006 |
38 | 20836557 | 0.005 |
7 | 17925000 | 0.004 |
7 | 12334995 | 0.003 |
8 | 15650499 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 8205228 | 16 |
0.008 | 7464409 | 21 |
0.009 | 12255689 | 18 |
0.010 | 4711882 | 7 |
0.011 | 27176522 | 6 |
Last trade - 15.52pm 04/11/2024 (20 minute delay) ? |
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ADN (ASX) Chart |