ENN elanor investors group

Peejay, very important to stay patient with this stock. Day to...

  1. 603 Posts.
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    Peejay, very important to stay patient with this stock. Day to day price movements are just a handful of investors buying and selling for whatever personal reasons the individuals have. It has nothing to do with the quality or performance of the underlying business. It takes time, but a quality business will eventually have a share price that reflects its true value. If you are holding this stock for 3-5 yrs it's completely irrelevant what the share price does between now and yr 5 - as long as it's performance increases and the price increases by the end of year 5. As a thought experiment, It's price could dip to say $0.01 cent next year, but as long as the underlying business was strong and you're holding long term it would be completely irrelevant, so long as you hold and wait for the market to price it correctly, which it inevitably will over time
 
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