AGY 4.00% 12.0¢ argosy minerals limited

I sold out recently at an average of a little over 17c... why do...

  1. 5,349 Posts.
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    I sold out recently at an average of a little over 17c... why do you, a holder, talking about averaging down with 200,000 at 10c (a CR will probably be at less than 10c by the way, and the price will probably drop below that - look at literally any time any company looks like needing a CR, look at what holders expect the price to be then look at their outrage and despair when they see the actual price, and then see what the price does afterwards, feel free to use AGY's own last CR as an example) think I would need a violin now that the price has dropped to 13c?

    If investing in AGY taught me just one thing, it's that it's silly to sit around waiting a few months waiting for your tax benefits to kick in; if the price is going to drop, just sell out and buy back low - I'd have taken a multibagger last year (I'd have sold in the 50s if not waiting around for tax reasons) rather than a small loss.

    If you have the opportunity to buy 200,000 at 10c, you realise I will too, right? I'll have an even easier time doing so on account of having sold more than that at over 17c. Again, who is the violin for?
 
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Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
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