Not a regular on HC however after taking a look at the Avq graph the thought occurred to me that "some" holders have been putting their blood pressures thru the roof riding the roller coaster.I,m no Warren Buffett however it's got me beat why the concept of "buy in the lows and sell in the highs" hasn't occurred to some.
On some very quick math and a quick look back at axioms chart.... If you'd sold when Avq tripled and then bought on a retrace and then did that again on this Retrace which has just started,you firstly would be about 400% ahead without putting yourselves thru an international court case and the associated complications of such,secondly if your concept is that you will acheive a multiple of 4x in the medium after a successful court decision then your not understanding the markets...... in short a successful result will already be factored into the pre decision SP by a lot of men in suits in Collins st...
Ps. What does IMHO mean ? Rgds
AVQ Price at posting:
43.5¢ Sentiment: Buy Disclosure: Held
