Pulled out a piece of paper today and wrote this down.
* Bought shares in a wonderful company at a wonderful price so why sell it? *Have the companies fundamentals changed? No, in fact they have further derisked by signing non binding MoU with Hanwa and Lilac demo plant being delivered to Kachi as I’m writing. *Has the company reached its intrinsic value? No, still undervalued. So what do I have ATM? an excellent buying opportunity, Lake is on SALE! * is there a better opportunity for me to invest in elsewhere? will need to continue researching but haven’t found one yet with the fundamentals I like. * What could be the worst reason for me to sell? A price drop…why?…it means I am a speculator and not an investor. I have invested in a wonderful company that hasn’t yet reached its true value, selling because of a drop is a short sighted decision based on emotion.
ive got this stuck on my fridge LOL
LKE Price at posting:
$2.00 Sentiment: Hold Disclosure: Held
