Hard learnt lesson is the value of judging entry points into buying a stock, (as per having a exit strategy that takes into account the ‘peril’ of averaging down, amongst other plays). Have limited funds but am looking at buying back in; yes, could have bought in lower but as per the saying; the trend is your friend, …. you watch and wait.
Lost a hell of a lot at selling out a fair while ago but ironically saved as much (can’t be bothered doing the maths) by selling at that time. From a pragmatic point of view the question is, at these levels, is there a earn to be had? Utterly necessary to put aside prejudices and ‘emotional baggage’ to come to a course of action of whether to jump aboard or not.
A prime example is a company Art and Opel have, prime example. Also a prime example is the failure to disinvest and renter another stock I have.
Long term outlook is to be determined, as per any company, but the medium term outlook is positive. Solid indicator is the participation of BOD with its ‘skin in the game’ and a number of plays in has to execute. In all honesty I do have doubts on SH and the sustainability of future r3venue from any of its potential avenues of revenue. The field Wellfully is in is very fast moving and a here today gone tomorrow environment. How does Wellfully develop itself to take this into account?
Attn; art; you should do very well, I enjoy reading your posts.
Imo and strictly not advice.
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