Invested 170000kSold today 250000k100000k k still on the...

First 8 Last

Share
Profile

Follow
ChillyDog

766 Posts.

238

05/08/24

22:18

Post #: 75082098
Share

Originally posted by iceman.11: ↑

Het Sc, when does one stop buying?, I think the strategy of averaging down does come to a fork in the road where it works out or not work out, ….like a Company I was invested in, WFL, where that strategy failed, (I was out of it well before hand).

Little like doubling your bets on red or black on a roulette table and hoping to recover your money.

The emotions of ‘FOMO’ or concerns for lost of capital are powerful emotions, Chillydog, imo, has covered himself very nicely; preservation of capital with potential upside on the remainder of his holdings.

The emotion felt when I sold 1000 shares @$27 to buy my Wife a new car and thinking about the ‘loss’ if the shares continued to rise!, lol.

Have been selling for a while so I can cash in and add to my industry super fund, it has made a difference but no where near what it would have been at $27/$23, never more true than a bird in hand is worth …..

At 64 happy to start drawing down, another truism; if I have 100 grand and somebody else has 1 million it can not not make then 10 times happier.

Gltah, not advice and imo.

Expand

Invested 170000k
Sold today 250000k
100000k k still on the table.
could have made a heap if sold 12 months ago but hey. TRANSFORMATIONAL.
GOOD LUCK.
60 Years old.
protect your original investment.

AVR Price at posting: $14.65 Sentiment: Hold Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

MPK

Many Peaks accelerating gold hunt in Côte d'Ivoire after assay 'justification'

CKF

Profits after tax down -88%, and shares rocket – what's going on with Collins?

ASX Market Open: Futures rocket on 'total and complete' Israel-Iran ceasefire | June 24

Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem

BRK

Bullish Brookside expands with fifth DSU at 'highly sought after' American oil and gas field

First 8 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last $6.00		Change 0.000(0.00%)		Mkt cap ! $93.76M

Open	High	Low	Value	Volume
$6.00	$6.06	$6.00	$8.13K	1.343K

Buyers (Bids)

No.	Vol.	Price($)
1	350	$6.00

Sellers (Offers)

Price($)	Vol.	No.
$6.14	1714	1

View Market Depth

No.	Vol.	Price($)
1	400	6.000
1	25	5.850
1	310	5.840
1	857	5.830
1	344	5.800

Price($)	Vol.	No.
6.190	3133	2
6.200	1000	1
6.240	736	1
6.350	114	1
6.400	130	1

Last trade - 10.56am 24/06/2025 (20 minute delay)

AVR (ASX) Chart

Invested 170000kSold today 250000k100000k k still on the...

Many Peaks accelerating gold hunt in Côte d'Ivoire after assay 'justification'

Profits after tax down -88%, and shares rocket – what's going on with Collins?

ASX Market Open: Futures rocket on 'total and complete' Israel-Iran ceasefire | June 24

Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem

Bullish Brookside expands with fifth DSU at 'highly sought after' American oil and gas field

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Invested 170000kSold today 250000k100000k k still on the...

Top Stories

Many Peaks accelerating gold hunt in Côte d'Ivoire after assay 'justification'

Profits after tax down -88%, and shares rocket – what's going on with Collins?

ASX Market Open: Futures rocket on 'total and complete' Israel-Iran ceasefire | June 24

Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem

Bullish Brookside expands with fifth DSU at 'highly sought after' American oil and gas field

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News