Nice rethorical question @W3hunter
Yes, everyone has a breaking point. They just may not clear on where this point is *yet*.At the end, any decision to sell will almost alway err on the side of one's personal situation (ie. what they can afford to lose) rather than stock fundamentals. "The market can stay irrational longer that you can stay solvent".Personally I don't have a formal exit strategy. A 10% drop my investments? I'll be fine mate. Another 50-60%? I might have to reconsider. More than that? I can't afford.
Now let's be clear, RAC is nowhere having a crysis here. It's just little market shenanigans.
PS. my average buying price is $2.04. Held, Buy!
RAC - Charts & Price Action, page-7230
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 (20min delay)
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Last
$1.57 |
Change
-0.045(2.80%) |
Mkt cap ! $260.3M | |||
| Open | High | Low | Value | Volume |
| $1.60 | $1.60 | $1.55 | $90.73K | 57.82K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 7803 | $1.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.57 | 1000 | 1 |
View Market Depth
| Last trade - 13.37pm 16/05/2024 (20 minute delay) ? |
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Last
$1.57 |
Change
-0.045 ( 0.53 %) |
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| Open | High | Low | Volume | ||
| $1.58 | $1.59 | $1.55 | 7861 | ||
| Last updated 13.52pm 16/05/2024 ? | |||||
| RAC (ASX) Chart |