DNK 0.00% 31.7¢ danakali limited

At nearly 50 cents it's more than double. It's on paper so it's...

  1. 220 Posts.
    lightbulb Created with Sketch. 21
    At nearly 50 cents it's more than double. It's on paper so it's not a matter of being 'satisfied'. But it's more than I'd get in the bank and better than losing money, plus it's part of a portfolio. Companies like this often don't go up in a straight line. It's paid off well in other stocks, being patient, eg AVG, EOS, LYC.

    Brucey's reasoning is I would have been better off trading as other stocks have gone up quickly. But that is only possible in hindsight. 80% of day traders don't make money. They have to take bigger risks to boost returns. One bad trade can wipe out a year of gains.
 
watchlist Created with Sketch. Add DNK (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.