The only thing better than 3 dollars is 20 cents!I’ve been off-loading shares from 0.46 to 0.35 and the amazing thing about this share price being so foolishly low, is that I’ve gotten to accumulate an even larger portion of this FANTASTIC company. Sure, a part of me still feels a sting when my portfolio balance goes down more in a day then most people make in a year, but, once you logic past the giant red sting on the account balance section it provides an opportunity to rebuy shares at prices, I never thought I would see again. Because I took profits by averaging out on the way down, I have tons of profits left to average back in on the way up.
Thank you BTB for all of your advice over the years and Black for your analysis and comments. But a message for all of the newer investors and Ninja readers out there, don’t let your emotions rule your investing strategies. Times like these when the streets are running red, everyone is panicking, are exactly when you want to hold fast to your long-term fundamental investments. Because when it comes to the fundamentals nothing has changed. In fact, there has been no material change to this company in a very long time. Just a very large pump up in share price by investors that mostly already owned shares in the company on anticipation of the AIM listing. And steady progress, but no news on a complicated half a billion-dollar international deal during a pandemic. But nothing has materially changed about this companies’ future. So dont panic sell like it has. Take a deep breath, a long drink of some great liquor and hit the buy button to purchase more of the irrational human’s fear.
Happy Christmas