RE:To Peyto...tanks today This kind of approach cracks me up.
To keep one's sanity, a broker friend told me this simple sports analogy years ago and it goes something like this: if you are in a stock for the long term, DONT make the mistake of LOOKING AT THE BASKETBALL.
If you are incorrectly focussed that way, all you will see is bounce, bounce, bounce - continually. Up, down, up, down & it will drive you nuts!
Rather, if you took a step back, metaphorically, and looked at the WHOLE GAME - even the SERIES - that picture should tell a completely different story... if you've done your home work.
After Fukushima, I started buying dirt cheap Aussie Uranium stocks. I bought on and off for a few years. Then I sat tight. And just waited. Years. I got married. Had 2 kids. Moved houses etc. I started selling when I was at x5. And I was something like 2 years too early! But that's Ok. I wasn't greedy : I had a plan.
Similar thing with PEY +five years ago. I decided the baby had been thrown out with the bath water and started buying under $5. I bought 5 or 6 times on THE WAY DOWN most notably just under $2 and then I sat tight and waited. The Parabolic recovery from the lows I had hoped for, did indeed happen & it took me back to $12 & +$14 in 2022 and I sold everything and bought a high 6 figure commercial building in the town where I live.
I did the above in the SHOP sell off too. Still have it all. I trade around a core block & in 2 years have increased total number of shares in that Registered account by 20% - for free.
In PEY, I started building a stake again back in Feb. Current next entry point is around $13.75 ish which, of course, is opportunistic. May or may not happen. But I already have a nice block to build from.
Stop looking at the ball.