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DonChomphu

519 Posts.

143

03/07/23

13:28

Post #: 68589126
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I will wait.
Moved up a few spots.

Do agree with you tho. Regards to if ya want it buy it. Better than having none.

But I not missing out.

Originally posted by TheAnalyst007: ↑

So what if your waiting means you forgo buying those 100,000 shares because an announcement causes the price to rerate from 10c to $1 at open (or by any amount, it's irrelevant)? It is easy to say you should've bought at another price in hindsight, but you can't guarantee that it will ever go to your target price. For me, when it comes to a stock I'm bullish on, I prefer to be in at a slightly higher price than not at all. Yes the difference between 10 and 10.5 is large, it's literally 5%, however the difference between 95,000 shares and none at all is much bigger

As they say, time in the market is better than timing the market

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Originally posted by TheAnalyst007: ↑

Definitely understand your view as well, I just remember being super focused on a tiny difference that I missed out on a major rerate a while back. It didn't help that I had already spent so much time researching that stock and was more confident in it than any other. All that time researching and waiting for that entry gone to waste because I was waiting on a particular point

After that I realised you can't predict this stuff and it's better to just be in it than not at all. At the end of the day the price is what you pay, the value is what you get. If it's a great stock, better to pay a premium than miss out entirely imo

I guess we all have different approaches though which is fantastic, as markets wouldn't be able to function if everyone traded identically

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IHL Price at posting: 10.3¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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