You would think that the rebound should be soon ,but such a rebound can drag out until August.
As a example ,I position myself in a bunch of stocks last year at around this time of the year ,DHR hit a low of 0.004 of a cent ASN 1 cent WBT 1.5 cents ,I bought at the lows and on the way up ,and at the time I was still holding LOM.
I was in some serious financial pain ,but held on in knowing that there would be a recovery at some stage.
This year I have chosen 3 new stocks as oversold unloved sleepers ,OBJ and a cobalt acquisition company and a mineral sands acquisition company while continuing to hold the brine stock.
Like many investors I'm feeling the financial pain ,but if things go like last year ,that pain will turn out to be financially rewarding.
You only need to read the many stock threads to see how pissed and stressed holders are at the moment ,but it happens every year around tax time.
I do hope that OBJ is one of the stocks to recover this year.
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