ILU 0.90% $6.70 iluka resources limited

Hey Dalibor,Chill out. I have always said that around $8 it...

  1. 6,072 Posts.
    Hey Dalibor,

    Chill out. I have always said that around $8 it would be fully priced. It can go up and down but I will be surprised if there is massive upside from these levels.

    I would be ecstatic for you if I'm wrong. I made plenty (over 100%). Whats an extra 10 or 20%? If it's more than that it will take some time anyway. In that time hopefully I will have identified a company that will deliver much higher returns at much safer levels.

    Many stocks are cyclical. There comes a time where you should take the money off the table and look for the next one(s) or wait for re-entry at a later date at a lower price. This doesn't happen all the time but it happens often enough.

    Just my opinion.

    ;)
    Nic

 
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