morning all.Johnny, you’re absolutely right. Whenever a stock...

morning all.

Johnny, you’re absolutely right. Whenever a stock I’m holding drops, I always ask myself a simple question; has the story changed? If it has and it’s worse, then I decide if it’s still worth holding longer term or not. Sometimes, if bad enough, I sell. If it hasn’t changed, or changed for the better (as HIO does), then I either hold or buy more.
there are so many others in the market, all having different investment philosophies/methods etc. I don’t let others selling influence me at all, other than to sometimes but more.

I hold a decent amount (for me), but I also bought 2 trading lots before xmas at 13 & 13.5. Thinking more on it, as you say, offtakes due anytime, resource upgrade also due i think this q? Etc.
the first offtake if a big name, in particular, will shoot us a lot higher. So agree, it’s no time to trade them. I may well look to trade these lots later, after the offtakes and resource upgrade. But I have more than enough in my long term holding to do very nicely down the track.

patience as always, will be rewarded.

cheers,

ned.