I can only agree with your strategy MPC11.
We all had the opportunity as little as little as 2 months ago to bulk up at $3.80 or less, during the CR. Bagging a 60% gain on some of the opportunity makes a lot of sense to me.
Like you, I remain very bullish on the sector and still ridiculously overweight from purchases in today's darlings, a few years ago when they were dogs.
I sense some froth coming to the market in the near term evidenced by some of the posters here with lofty expectations of BOE well over $10 (apparently in a straight line up). I expect they are destined for disappointment along the way.
In quite a few ways, this reminds of the unhinged hype we saw over Li stocks not that long ago, that has ended in tears for those who forgot a profit is not a profit until it is in the bank. God knows what capital was destroyed by those who bought near the peak.
Adding and pruning, in weakness and strength may not optimise profit but it certainly makes money and mitigates risk. Every investor of course, applies their own strategies as they are entitled to. Hopefully, few will fall victim to those sudden bursts of FOMO that are dangerous to one's financial health.
GLTASH.
- Forums
- ASX - By Stock
- Price target
I can only agree with your strategy MPC11. We all had the...
- There are more pages in this discussion • 89 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BOE (ASX) to my watchlist
(20min delay)
|
|||||
Last
$5.78 |
Change
0.120(2.12%) |
Mkt cap ! $2.362B |
Open | High | Low | Value | Volume |
$5.74 | $5.80 | $5.69 | $9.984M | 1.733M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 34646 | $5.78 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.79 | 14063 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 974 | 6.060 |
1 | 3000 | 5.850 |
5 | 6628 | 5.800 |
6 | 3800 | 5.790 |
4 | 36826 | 5.780 |
Price($) | Vol. | No. |
---|---|---|
5.500 | 2691 | 1 |
5.650 | 141 | 1 |
5.780 | 8485 | 3 |
5.800 | 1356 | 4 |
5.810 | 2500 | 1 |
Last trade - 16.10pm 15/05/2024 (20 minute delay) ? |
|
|||||
Last
$5.79 |
  |
Change
0.120 ( 2.37 %) |
|||
Open | High | Low | Volume | ||
$5.73 | $5.80 | $5.71 | 289827 | ||
Last updated 15.59pm 15/05/2024 ? |
Featured News
BOE (ASX) Chart |
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O’Donovan, Executive Director
Gerard O’Donovan
Executive Director
SPONSORED BY The Market Online