General Discussion / Social Media, page-2294

I think that you are just feeling glum

I felt exactly the same as you !
With waiting I mean - variously after “first big fundamental runs up “ in stocks I truly believed in .
And made the mistake of selling some down ,.. even just a few even to transfer to elsewhere..

I did this with :
DXB . OCC - I sold out finally @below 30c . Hmm (went up 7 times in one day in not many months from then- if you were not in , you missed it ) . RAC even I swapped out a few . I wish I didn’t .
IMU , @ 1.8-1.9c . ( before it saw 8c) . MSB I got cold feet months ago after first run and worried Re covid in case market perceived as bad , & whatever doubt was pervasive as I spoke to a doctor friend , who actually was busy at work and truly had no idea about what going on with this company - and I sold briefly. ( then had to buy back - thankfully, but it cost me dearly) )
CHN , GOR . Not held .
I can reel them off .

All we can do is do our diligence , ongoing , as to “why” we hold each stock .

The best situation is as here and as with others ,
Now —
**I only hold now - when it is the longterm into the next years which ensures the company— of that I am confident .
**AND with the additional proviso —that the MD /CEO must have put significant of their ownmoney in .
* Or given their life for years and prepared to do so ongoing as it is truly their work, working tirelessly basically .
Including participating in CRs , & including having bought shares on market when the shareprice value was fundamentally cheap and oversold .
A committed Board and especially CEO , & Key management.

Alcidon is one of the very few , as in very few stocks that I hold atm.

It is tough watching your stock that you hold not ‘go’ for quite a time .
The market is tough - always tricky . Longterm it doesn’t matter.
Waiting ~ is most certainly the hardest part .

At times I suspect market is very manipulated and held back - this is still a positive although. Number of shares on issue can lead to it being traded more .
But it’s good too - as ‘someone ( or a larger entity ) wants it’ if it possibly were being controlled .

I got very cold feet and sold on weakness - with Sirtex , viralytics, and also Avanco .
Cruel . Very held down near the end, then bam . Taken over . I actually lost money on each of these unfortunately .

I am more patient and a bit suspicious now if manipulation .
Its important to check who is holding shares - esp the top holders .
If they’re not dummies & they include your ultra- hardworking , world class CEO - then neither are you a dummy to be holding shares in the company