Merve, how wise do you have to be to pick the bottom?
At the start of GFC1, my favourite stock was JML at $1.60+.
Believed in them, held heaps, didnt sell.
When they fell to $1.20, I started buying.......at $1.00 put the house on them. They went down to 8.9c bottom on sentiment over metal prices......... Yeah, I stuffed up bad.
But how do we know SRI wont go down to 2 cents.
During its time at 10c-11c, JML was cashflow positive & paid off $40 mill in debt....but the sp was poop.
Even great, sound, fundamentals wont hold up the sp in a crunch.
GZ
Merve, how wise do you have to be to pick the bottom?At the...
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SRI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.3¢ |
Change
-0.001(7.14%) |
Mkt cap ! $2.966M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.4¢ | 1.3¢ | $3.131K | 224.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 361569 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 196463 | 3 |
View Market Depth
| Last trade - 16.10pm 24/06/2024 (20 minute delay) ? |
| SRI (ASX) Chart |