re: god save our goal. I must admiot I had my finger near the trigger today but I didn't pull it. I let my experience over ride my fear and greed instinct that had me miss out on some HUGE profits last year by selling out ealy in WEB 8c to 17c only to watch it run to 44c and a million gdno options .01c to .02c to watch it run to .04c, ADY only doubled when I could have quadrupled...
No... there is a big difference between them and ENG... (although WEB was a little similar with it's growth through subscriptions but not half the potential as any voip co in this emerging sector)
ENG is SOLID, it's a market leader and just because I have trippled my investm isn't cause for selling one single share.
I know better and I have been around long enough to know a gem or better still, a gem with a good story, after all I picked up HDR and rode it through thick and thin topping up along the way and not selling a scerric until it was well over $1 and still have over half my core holding... I am happy to ride out short term pain in a Co. that I believe has a big future and that's the simple reason I did not pull the trigger, I have too much to lose by grabing the money and running. I
I'm at the next level... greed without fear... and I like it :-)
Today was a great day. A lot of people including insto placement at 14c have doubled their money in no time at all and big money at that and many of them would have sold into the good news including a few DT's who have accumulated in the run into the ann and how well did the SP hold up :-) Damn well, in fact it threatened to run away late but that'll happen soon enough.
The amazing growth of this sector and ENG positioned as the market leader in AUS as can be seen by it's recent ATUG awars is more than enough to have you realise that this is just the beginning of a journey, the first chaptor in a great story that will unfold in time.
At the current rate of growth, even if there are a few little pull backs in the SP from time to time as has happened since I picked it up at 8c, what does it matter? If I put them in my bottom draw for a year, would they be north of a dollor when I pulled them out? Probably. Whould engin be looking to increase it's 250,000 lines? most likely. would Eng still exist o did Optus or another major buy them out? Who knows.. but I know if I choose to sell I will do it as a 10 bagger and only pay 25$ tax for my trouble.
You do the math but as you do, think to yourself...the last few days is the first time ENG has really copped a mention on this site... what happends when it hits the main stream investment consciousness...the big players, the insto's and fundies... I know what happeneds. I saw it with Hardman... it's bl**dy awesome :-)
Good luck to all and don't sell yourself short with this one. Let's all get rich together, don't make me do it alone... not again LOL.
CHOMP CHOMP CHOMP
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