I 100% agree with you.
And where you topped up on the expectation of news is a mistake we all make/have made and will likely continue to make.
When things look good, it's impossible to see the bad, and when things are bad, it's impossible to see the good.
Being a contrarian investor isn't easy, and you'd need to be a machine to get it right all the time.
Where I've invested high, I try to invest lower where the thesis hasn't changed. It's only when a company is failing etc that I feel the need to bail.
Even so, I don't expect any shareprice change on the basis of news, because it's often priced in. Sometimes it's just a case of waiting for the macro environment to change.
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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7.0¢ | 35861 | 2 |
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No. | Vol. | Price($) |
---|---|---|
1 | 144926 | 0.069 |
7 | 176578 | 0.068 |
1 | 149253 | 0.067 |
1 | 80000 | 0.066 |
3 | 55050 | 0.065 |
Price($) | Vol. | No. |
---|---|---|
0.070 | 35861 | 2 |
0.071 | 13902 | 1 |
0.072 | 1000 | 1 |
0.073 | 14364 | 2 |
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