the fact that you continue to hold and even buy when you recognize the possibility of going sub $ 2.00 , just amazes me
For a long time I have followed the mantra of hold gainers and sell losers. That way, your portfolio only contains gaining stocks. It goes against what feels good (ie. taking profits) but is a strategy that works well over a long period of time. It takes a lot of discipline to admit mistake and sell losers, most of my sales are actually of losing positions! But holding a portfolio of gainers is very sweet. Eg. I bought in to AHF just after it listed a few weeks ago, its not for sale. Up 65% and very well bid.
I have bought and sold FMG countless times over the last ten years, with a holding cost of way below zero. So holding or even buying on the way down has not been a losing proposition for me. The HC sentiment and position question asks what MY position is, it does not ask what I think others should do. Like everyone, I'm bound to declare my position. I have no plans to sell any more, and may buy from time to time. I remain positive and not the least bit concerned about the company's welfare.
I doubt it will go below $2, but it has been as low as $1.17 in 2008. So it could happen. I would still be unfazed.
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Last
$18.75 |
Change
-0.240(1.26%) |
Mkt cap ! $57.73B |
Open | High | Low | Value | Volume |
$18.53 | $18.75 | $18.44 | $216.3M | 11.60M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1990 | $18.75 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$18.76 | 47022 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1990 | 18.750 |
1 | 160 | 18.700 |
1 | 18 | 18.660 |
2 | 6000 | 18.650 |
1 | 2000 | 18.640 |
Price($) | Vol. | No. |
---|---|---|
18.780 | 1700 | 2 |
18.800 | 2800 | 2 |
18.820 | 200 | 1 |
18.850 | 7661 | 3 |
18.860 | 1242 | 2 |
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