STX 21.2% 20.0¢ strike energy limited

@Oddoneout - can't reply to your post. There is a reason behind...

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    @Oddoneout - can't reply to your post.

    There is a reason behind the saying that past performance is not an indication of future performance, and the saying of it is darkest just before dawn. Who knows what will transpire round the corner, and all it takes is a slight shift in market sentiment to turn the tide. It's the exact reverse of when a stock is in full bull mode and can do no wrong (think Lithium stocks 12 months back) and the majority was still bullish - until the spod spot market turned. When sentiment (and valuation) in a stock is towards one extreme, it really doesn't take much to turn it significantly the other way. The biggest issue in your case is the fact that you need some cash, which means you don't have time on your side. Hopefully it will turn before you need to sell some. Think I have said it before but the market can often stay irrational longer than you can stay solvent/liquid. That's why sizing one's position as well as overall asset allocation is very important.

    618
 
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