DXN 4.29% 6.7¢ dxn limited

If your average is 1.2 why don’t you sell enough to free carry...

  1. 4,746 Posts.
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    If your average is 1.2 why don’t you sell enough to free carry at 3.5-3.8 cents when you had the chance? Isn’t investing is all about rewards and risks?

    I once held over 400000 KTD shares at average price of 0.255, didn’t sell at 40-45c range. I was forced to sell at around the 26c for most of it now KTD is at 22c. Had I sell enough to free carry at the time I would be still sitting at great profit with enough shares still holding.

    Your strategy seems risky as DXN isn’t making too much head wave at the moment with sales even though it’s in the right industry.
    Last edited by SMXtimes50folds: 02/08/20
 
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