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Generally speaking long term investing is the way to go. But that doesn't mean long term investors can avoid big losses. For example the SomnoMed Limited (ASX:SOM) share price dropped 60% over five years. We certainly feel for shareholders who bought near the top. And it's not just long term holders hurting, because the stock is down 32% in the last year. On the other hand the share price has bounced 7.4% over the last week. Less than a week ago SomnoMed announced its financial results; you can ...
>>> Read more: The past five years for SomnoMed (ASX:SOM) investors has not been profitable
>>> Read more: The past five years for SomnoMed (ASX:SOM) investors has not been profitable
