WBT 0.43% $2.30 weebit nano ltd

Yes indeed nobody should be under any illusion at this end of...

  1. 1,416 Posts.
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    Yes indeed nobody should be under any illusion at this end of the market. As in the GFC growth stocks get nailed mercilessly.
    However at this end cash is king. The ability to batten down the hatches to ride out the storm shows in the lack of panic, a slow low volume sell down. Shareholders have built a great deal of trust in WBT over a number of years.
    The major sell off in the US overnight has not been followed through in the disruptive growth stocks I'm following. That can obviously change in a heartbeat but to date investors appear to be holding strong.
    To me long term investors know this is one of the greatest times in history for disruption and transfer of wealth in sectors like NVM, EV's, RE including energy metals and online banking, payments, AML. There are others including eSim in mobile devices that are more niche. Many of the co's in these sectors are not seeing big selling and are also raising capital easily. Times like these require lots of thinking about your ultimate goal and strategy. Mine is to stick with co's that are close to commercialisation, revenue, break even or profit, excellent management, cashed up or able to raise easily in the above sectors.
    Lots of pain to come over many months probably interspersed with some pleasant milestones reached. Value of these more likely to only be fully factored in after the recession in the form of exponential growth.
    Not financial advice, just what works for me as I find trading way too stressful. Happy to take profits though at the appropriate time as anyone who has been in the markets long enough know is the only way to survive, particularly at this end. Picking long term winners in this space is insanely hard as there are usually only 1 or 2 who take most of the market. Picking them is in the main about excellent management, so when one comes to that understanding you need look no further than WBT having foreseen the need to be funded comfortably for 12 months today some 12 months ago.
 
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