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$2.10 nearmap ltd

Make the NEA thread better, page-118

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Rokc69

5,927 Posts.

392

20/09/21

19:52

Post #: 56217654

Originally posted by Pomodoro: ↑
Are you married to your position or “just investing”?
Often we come across individuals who are holding onto positions that have been on the downtrend and in the red for a long time. Despite bad fundamentals and price action for their positions, they will often just say that they are “long-term investors.’
BETTER YOU FOLLOW THIS THAN NOISE

But how “long-term” can one be? If a position shows no signs of recovering, it is imperative that a trader should learn how to close or at least reduce them. Having the position is an opportunity cost and the capital could be channeled to a better use in the time in which the individual refers to themselves as “long-term investors”.
Expand
"If a position shows no signs of recovering"

Yep, so totally irrelevant in this case.

NEA Price at posting: $1.89 Sentiment: Hold Disclosure: Held

4 Upvote

0 Great analysis

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