I first had a crack at shares two years ago and bought a bunch of GXY at 0.092. It started going down, I freaked, and sold at 0.085. I didn't look at the sharemarket again until recently. Lo and behold, that little company Galaxy was now a billion dollar company with shares now worth $4.
If only I had not freaked about a 8% drop, I could have been sitting on 4300% profit, instead of a loss. That profit would have set me up for life.
I recently re-bought at $3.76. Let me tell you it hurts re-buying the same thing for 41 times the price. Now though, as others have said, I'm buying for the company, not the price or the chart. Do I think the price will be worth more in two years than it is now? Absolutely. Do I care if the price goes down? Well yes I do because I'm an anxious person and I can't help it, but the reality is a few percent drop is nothing when the potential is a 40x profit.
DYOR, but put your focus on the company, not the charts. Who knows - maybe people are selling as they need money for a christmas holiday that they booked for their family?
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Last
0.2¢ |
Change
-0.001(25.0%) |
Mkt cap ! $2.415M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $4.171K | 2.447M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
37 | 51254212 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.2¢ | 5415244 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
37 | 51254212 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 5415244 | 5 |
0.003 | 5411657 | 6 |
0.004 | 2416808 | 6 |
0.005 | 904122 | 7 |
0.006 | 1000001 | 1 |
Last trade - 12.02pm 06/09/2024 (20 minute delay) ? |
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