I have an order in. I also topped up at 16.5.
Its the quirk of investment people believe in the business at higher prices but not believe in the same business when the market takes it down.
That is why Buffett said be greedy when others are fearful.
If you see the chart i posted, good moves have come off these types of lows.
There was similar panic around the lows reached on other occasions.
There is something in it for everyone, traders and long term holders. View attachment 93711
Honestly, after all the recent news I didn’t expect we’d still drop to 15 cents or even lower.
What annoys me is that some people are very loud when the price is rising — and when it’s falling, the same ones suddenly switch to generic market “wisdom” like “it’s cheap, time to load up.” Everyone should know what he is doing with his money…
Portraying others as if they “don’t understand the stock market” just because they don’t want to keep averaging down is exaggerated… or unfair
I added last week at 17 cents. If it goes lower, I personally won’t add more, because below a certain level my confidence fades. Everyone has to make their own decisions in the end.
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