FOMO...brilliant analogy. My FOMO was so large that i decided to take action.
I sold 80% of my LOM holdings and bought more RFN at 114. There was a strong whisper that RFN would make another move and BANG it did. I then sold that bought stock today at 131 and bought back into LOM and BRN.
Ive come to the realisation that this monster announcement won't come soon. I do believe though that a price sensitive announcement will occur before nov 19, when more oppies hit the market.
So in closing, what i am saying is that FOMO should not be a factor for holding on. Im applying this to recent buyers and those who don't have access to options.
Yes i made a mistake by not fully understanding the quantity of options that were to hit the market but that is my bad.
I hold LOM still but i have reduced my exposure.
So don't let FOMO about LOM affect you. There is plenty of value out there just as i found out with another stock i hold.
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Last
5.6¢ |
Change
-0.004(6.67%) |
Mkt cap ! $16.24M |
Open | High | Low | Value | Volume |
6.6¢ | 6.6¢ | 5.5¢ | $47.36K | 820.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 280076 | 5.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.9¢ | 116300 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 280076 | 0.055 |
1 | 140000 | 0.053 |
1 | 50000 | 0.051 |
3 | 120000 | 0.050 |
2 | 200000 | 0.030 |
Price($) | Vol. | No. |
---|---|---|
0.069 | 116300 | 2 |
0.070 | 6780 | 1 |
0.071 | 85000 | 1 |
0.072 | 108501 | 4 |
0.073 | 139658 | 1 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
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LOM (ASX) Chart |