For what it's worth you are completely right about FOMO.
I bought in at something like 40 or 60 cents on a bit of a whim really. When it reached $1.8 I pulled my initial investment out.
Anyone who didn't recognise this was an unsustainable rally needed a reality check which thankfully came with the share price plunge.
My suggestion to people is to never waste a good crisis e.g. learn from this. I was part of a number of FOMO and pump-and-dump stories early on and have made adjustments to my strategy and learned from them. Take profits when you see outsized returns. Doesn't have to be everything but when you see a share price triple in price, at least consider pulling the initial investment out and free float.
Psychology of FOMO, page-230
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Last
26.5¢ |
Change
-0.010(3.64%) |
Mkt cap ! $491.8M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 28.5¢ | 26.5¢ | $1.133M | 4.179M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 840233 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 359495 | 4 |
View Market Depth
| Last trade - 16.10pm 15/05/2024 (20 minute delay) ? |
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Last
26.8¢ |
Change
-0.010 ( 2.73 %) |
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| Open | High | Low | Volume | ||
| 28.0¢ | 28.5¢ | 26.5¢ | 2892314 | ||
| Last updated 15.58pm 15/05/2024 ? | |||||
| BRN (ASX) Chart |