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
$21.26 |
Change
-0.450(2.07%) |
Mkt cap ! $65.45B |
Open | High | Low | Value | Volume |
$21.70 | $21.70 | $21.02 | $145.2M | 6.814M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 9760 | $21.26 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$21.27 | 7866 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1000 | 21.250 |
4 | 12614 | 21.220 |
1 | 5000 | 21.210 |
1 | 132 | 21.190 |
2 | 37157 | 21.170 |
Price($) | Vol. | No. |
---|---|---|
21.270 | 2057 | 3 |
21.300 | 1000 | 1 |
21.320 | 13727 | 2 |
21.340 | 150 | 1 |
21.350 | 21030 | 5 |
Last trade - 16.10pm 24/06/2024 (20 minute delay) ? |
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