RE:RE:RE:RE:RE:the pipe dream is done Alwayslong say:
Re. TT:
TT can correct me if I'm wrong, but my understanding is that while he purchased XBC shares for clients when he was a financial planner (???), he never bought any himself. Why is that? Has he not personally invested his own money in common shares of companies in the past? Does he currently holds zero common shares of any company? Conversely, if he does personally own comons shares of any other company, why is he not invested in XBC shares as well? Seems hypocritical to recommend / purchase XBC shares for clients while you yourself don't buy any personally and instead by shares in other companies if that was / is in fact the case........
Several factors must be taken into account to establish what is best for our portfolio:
age and health, financial situation, income and expenses, how one reacts to risk.
Now why TT does or doesn't own shares of Xebec....It's just none of our business.
Re. believing in the company long term:
That's fine, it's your money and your decision. However, there is an opportunity cost to holding on to shares of companies like XBC that take huge hits to their share price in years like 2021. Sure, if you bought shares in 2018 or earlier, you'd but up a handsome amount even over a 4 or 5 year period, but you would have been up a lot more had you sold between December 2020 and March 2021 when it was trading in the 8.00 to 11.00 range, or did you really think that the spike was justified given the state of the company at the time and that it would just keep rising and rising.....?
Also, what do you mean by "long term"...? One year? Three years? Ten years? And how much per share do you think it will be trading at once it hits your long-term time period......? Now, you may be proven to be correct, but the renewable space is still in its infancy and there will be many competitors world-wide trying to dominate the various sectors within the space, so at this point I believe it's anyone's guess as to which company(s) will come out on top.....
What decision to make? when to buy? when to sell?
You can buy for the long term and not touch anything for years (usually we are talking about about 5 years)
We can even buy for the long term but take advantage of crazy price rises to sell temporarily and buy back when the price goes down.....Sometimes we are winners and other times we are losers.
What you are describing here is the stock market in general..... So what's you're point?