Hearing you loud and clear @Rhama, been there done that also.
Thought OBJ would disrupt but had dreadful management. Thing is it lead me to WBT.
Finding good management can be difficult but if you follow the best investors you can find the best management as large institutional investor funds have far greater personal access to management and will cut and run at the first sign that something is wrong.
These type of investors mentored me into UPD a business described by Alex Wastlitz as the best business model he had ever seen. I take notice of things like that and then see what else he is following.
Following CEO's that have done it before can also be a good strategy. John Karantsis took ISX from an idea to a multi billion dollar disruptor before it was suspended by ASX for still unknown reasons. He is worth following IMO as he may do it again.
So once you do all the work to find the correct companies to invest in charting can tell you when sentiment has changed. Sentiment in WBT changed after the last CR when the Money Flow Indicator went above "0" Into accumulation and has stayed there ever since. That is the market telling you they believe in the product, timing and management full stop.
I now can look at a companies chart if it seems to be an interesting investment proposition and tell instantly if it requires further research. That's a massive time saver when there are so many companies.
It took me a long time to see these things but better late than never. Now I am finding good prospects constantly but WBT is still the best.
Obviously this has worked for me and may not work for everyone but if you are picking which companies to invest in I certainly hope this helps.
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Last
$2.05 |
Change
0.020(0.99%) |
Mkt cap ! $389.2M |
Open | High | Low | Value | Volume |
$2.01 | $2.07 | $1.99 | $390.7K | 192.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1659 | $2.05 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.07 | 18144 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1659 | 2.050 |
1 | 19490 | 2.030 |
1 | 28000 | 2.010 |
4 | 20833 | 2.000 |
1 | 21 | 1.995 |
Price($) | Vol. | No. |
---|---|---|
2.070 | 18109 | 2 |
2.080 | 9716 | 2 |
2.090 | 16206 | 1 |
2.100 | 24500 | 5 |
2.110 | 7919 | 3 |
Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
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