Australia's largest stock trading and investment forum Australia's #1 stock forum

MMI

Click for more information

0.00%

4.3¢ metro mining limited

MMI, page-4

First 4 Last

Share
Profile

Follow
Symboltest1

510 Posts.

70

17/07/21

15:56

Post #: 54573815
Share

Originally posted by Tian8824: ↑

There is no such thing as risk in a diversified portfolio if you buy the bottom. What is the bottom. The bottom is your entry. Once you are in, you have 2 options, average down once or twice, or just go all in. All in doesn’t mean 100% of your capital. All in means 100% of the capital allocated for 1 stock in your diversified portfolio. Then don’t sell the thing. If it goes to zero, it goes to zero. Just don’t spend all your money on one thing no matter how good the potential or how undervalued the stock may be. When something is 99% down. You MUST go in with or without research. And don’t look at the stock. Ignore the short term volatility. If you are extremely confident in a stock that is 99% down, maybe invest 2000 instead of your usual 1000 allocation per stock. Now there is only one stock I am confident to put all my money in one basket. That stock is ZMM. But I am not all in ZMM. I buy some MMI, I buy some FGO, I buy some MRG etc. And I see you next year.

Expand

Imagine averaging down a year ago at 10c.
Then six months ago at 6c
Then a week ago at 1.7c

MMI Price at posting: 1.8¢ Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 9 more messages in this thread...

First 4 Last

Add MMI (ASX) to my watchlist

(20min delay)
Last 4.3¢		Change 0.000(0.00%)		Mkt cap ! $250.1M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
2	135000	4.3¢

Sellers (Offers)

Price($)	Vol.	No.
3.7¢	32275	1

View Market Depth

No.	Vol.	Price($)
2	135000	0.043
15	2963967	0.042
18	13714976	0.041
22	9098675	0.040
16	3158311	0.039

Price($)	Vol.	No.
0.037	32275	1
0.042	293857	3
0.043	994714	5
0.044	2460428	9
0.045	2647220	8

Last trade - 09.49am 22/05/2024 (20 minute delay)


Last 4.3¢			Change 0.000 ( 0.00 %)
Open	High		Low	Volume
4.3¢	4.3¢		4.3¢	158172
Last updated 10.09am 22/05/2024 ?

MMI (ASX) Chart

Day chart unavailable

SPONSORED BY