AVB 0.00% 16.5¢ avanco resources limited

long term target, page-4

  1. 2,146 Posts.
    Yes it is always a difficult question. I personally find that if a stock allows you end up free carried, a milestone has been achieved. I for one bought @ 9.7 cents thinking that the price had already run its course. I almost sold at 13.5cents, but resisted.

    When I finally saw buyers @19.5 cents, I realized the opportunity to sell half my holding and therefore my remaining shares are free carried. That way you have the best of both worlds. If the share continues to rise, you're still holding some and continue to benefit. If the SP drops, you've already got your costs back and can contemplate buying back at a lower price

    My opinions only

    Raving1
 
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