well that is good to hear...
For this post I was called a liar and upramper...
https://hotcopper.com.au/posts/67701221/single
I say the truth is like poetry
...and most people hate poetry!
ALL IMO
none of this is advice, just observations
We get warned by these trolls that the big end of town will take our money.
Lets look at how that happens...
We buy stock of a company because we think the company is worth more value than the market believes.
We hold a stock, even though we may be underwater, because we maintain the same belief.
i.e. our research tells us the company is worth more than the market says.
The price dips and the trolls come along and create fear.
The big end of town can only take your money if you sell.
If you hold then please have conviction of your decision.
Has there been an opportunity cost in the last couple of years?
maybe, maybe not. It depends on your own portfolio and what happens from here.
e.g. if ADN hits say 70c in a couple of years.
...and I had sold at 20-30c and reinvested, could I have made the same dollar return in the current market?
I suspect not given my purchases in the past 2 years.
I am not selling ADN because my research says we are going to production and the market is undervaluing ADN.
...and I am more than happy to do that with JM in the sales and marketing role.
BTW he is in China at the moment.
GLTAH
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Last
1.6¢ |
Change
-0.002(11.1%) |
Mkt cap ! $49.76M |
Open | High | Low | Value | Volume |
1.8¢ | 1.8¢ | 1.5¢ | $797.4K | 49.05M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 2397883 | 1.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.7¢ | 2031381 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 2397883 | 0.016 |
21 | 9428944 | 0.015 |
7 | 1642049 | 0.014 |
5 | 2448080 | 0.013 |
4 | 1541667 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.017 | 2031381 | 4 |
0.018 | 3422694 | 13 |
0.019 | 3659762 | 9 |
0.020 | 1439444 | 12 |
0.021 | 1280000 | 3 |
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