KGN 6.60% $4.52 kogan.com ltd

Kogan, really cheap given the growth profile, page-91

  1. 1,307 Posts.
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    Well the stock market doesn't have to make sense. Its all the new day traders doing this l suspect as apparently their numbers grew astronomically during the lockdown. There will be a rebound hard and fast and it happened that way not long ago when the KGN SP dropped to $18 range and then not many days later flew all the way up to $25+. Is it heading down to $18 levels again? I hope not but if so, we can't do anything about it. The volatility will continue and we can either let it bother us or we just keep our never and ignore it getting on with our lives. I've been holding KGN since it was $4.00 and have seen the SP move dramatically over a long period and then more dramatically over a short period. So anything can happen either which way and the best way is to just ride it out as it happens. The market won't listen to us, its not trying to please, apparently its run by algorithms these days... ??!! Please explain hahaha..
    Last edited by VMG70: 26/10/20
 
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