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
5.7¢ |
Change
0.001(1.79%) |
Mkt cap ! $418.9M |
Open | High | Low | Value | Volume |
5.6¢ | 5.7¢ | 5.4¢ | $461.9K | 8.347M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 1082545 | 5.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.7¢ | 603058 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 341818 | 0.055 |
9 | 509187 | 0.054 |
14 | 1776123 | 0.053 |
22 | 1646348 | 0.052 |
16 | 4794350 | 0.051 |
Price($) | Vol. | No. |
---|---|---|
0.057 | 603058 | 6 |
0.058 | 1006279 | 6 |
0.059 | 21714 | 1 |
0.060 | 1512398 | 12 |
0.061 | 1091000 | 7 |
Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
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IMU (ASX) Chart |