35 = 2No where in life do we find this phenomenon, where when someting is cheap
people stay away and are scared.When it get properly or over priced humain gain
confidence.
When we will see Akita at $2.50, $3, $4...Investors are going to be tripping
themself in buying some shares.
While at these actual prices, the vast majority are scared.
Akita is worth 3 to 4 time it's closing price.It won't be a strait line to it's fair value
but with time, investors will find out how cheap this comapny SP is trading at.
Making money in the stock market is simple, but it is not easy because humain being
have an emotional attachement to money.
And these emotions are our worst enemy.We sell to fast what could be huge winners
and keep to long our losers.This is well documented.I have done it so many times.
Akita is trading at a fraction of it's true value and investors are willing to depart
themself from what will be a very rewarding investment.
Some who recently bouth in the $1.33-$1.43 will sell in the $1.80 to $2.00
thinking that it's a great short term profits.In a year or so when the stock is at $4,$5+
they will look back and understand their mistake.
I think i have told you my DRX story.Buying below $2(the low i got in was $1.68)in mid 2021.
Never sold a share.Fast forward 27 months and it closed today at $10.36
Was it tempting to sell, absolutly.But to be able to resist this HUMAIN NORMAL BEHAVIOR
is key to successful investing.
I do my share of mistake, we are all humain.But when i find stock like Akita And ADF Group,
i pile in and let the time do what it does best.
P.S. Oilinvestor2022, i like your sense of humour.Yes life is good!!!
And for Pennydredful , i wish i was able to have an impact on moving a stock.But i don't have that power.I don't believe any of our posts can move market.How much of the handful of readers of my posts will actually buy Akita.One, two maybe.If i am right and a few investors
make money on my research then good for them.
I do these posts because i am retired and like sharing investments ideas.
I am a baseball fan, and truly believe that like in baseball right now, we are in spring training.
We aren't event in the first inning.Today was a good day, but the best is yet to come.
I said it many, many time on DRX board when the stock started it's appreciation, it won't go up
every day or week or month but with patience it will be very rewarding.
Good luck to all