I agree. The only time I would sell at a loss (just IMO of course - so please nobody do what I do) is to re-balance, say where I had a portion of a share that seemed not to have any real future, when I could use that money to put into another stock that had enormous potential. Like not cross promoting at all, but recently, and before the larger hike, I wanted to top up on a certain lithium marvel from a large western state of ours, that roars a lot, and the loss from the dead weight stock, was quickly swallowed up. I was happy to wear that small loss to obtain the massive gain that followed! But that was a strategy which I don’t do a lot, but when I need to. Generally as you say, to sell at the bottom (when a huge rise may be around the corner) is foolish mostly. But I will never use a stock like IMU to re-balance though. That is a long hold for me.
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I agree. The only time I would sell at a loss (just IMO of...
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Last
5.1¢ |
Change
-0.004(7.27%) |
Mkt cap ! $373.3M |
Open | High | Low | Value | Volume |
5.5¢ | 5.5¢ | 5.0¢ | $1.762M | 34.10M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 673000 | 5.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.1¢ | 885816 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 673000 | 0.050 |
16 | 1634435 | 0.049 |
21 | 3239804 | 0.048 |
12 | 1087361 | 0.047 |
8 | 374347 | 0.046 |
Price($) | Vol. | No. |
---|---|---|
0.051 | 885816 | 4 |
0.052 | 1683096 | 11 |
0.053 | 1151223 | 5 |
0.054 | 799349 | 3 |
0.055 | 1217211 | 10 |
Last trade - 16.10pm 02/07/2024 (20 minute delay) ? |
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IMU (ASX) Chart |