It is indeed 'relentless'. It won't get back to recent highs of...

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05/10/16

14:54

Post #: 19641920
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Originally posted by sabman ↑

I thought I would start a new thread for this.

They say that if you can't handle falls in share prices of 10-20% that you shouldn't invest in shares - well after the relentless fall in share price of VOC - I think I am nearing my limit on what I personally find tolerable. Not to have to much of a whinge but no wonder the majority of retail investors do not trust the share market. It gets tired seeing your money decline day after day and week after week.

I don't think I will be selling anytime soon - but I will give a warning. Contrary to popular opinion, any of my shares that take a hit like this very rarely recover to their highs. I only hold one share that "rewarded" me for holding through the pain - only one! It took just over three years to come back to what I paid for them. Those particular shares have since been floating at what I paid for them over three years ago.

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It is indeed 'relentless'. It won't get back to recent highs of June '16 but that's not the point. Instead ask yrself: Is VOC a 'buy' at current SP (now 5.88)?? i.e. is it good value at this level?

VOC Price at posting: $5.88 Sentiment: Buy Disclosure: Held
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It is indeed 'relentless'. It won't get back to recent highs of...

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Burgundy plunges -20% after turning to layoffs to navigate record-low diamond prices

Saturn brings up seventh straight Apollo Hill upgrade on 'impressive' 300-hole drill run

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