Here's the thing. Unless you are day trading you really don't need to be watching the stock every moment of the day or even every day at all. I said somewhere else on the RYG threads very early on in the piece that for some reason tech stocks VTX and more specifically in this case I think AZK tend to take a couple of weeks post ann's to get some traction. I don't pretend to know if that is because of manipulation by pros, day traders or the fact that the general non HC reading population take time to get their heads around the tech. This may change as Aus becomes less reliant on mining and people look to the future tech boom but who knows. If you can't handle swings up and down then spec stocks really may not be the play for you. I feel like I have said this a lot of times before but it is try. When I expected VTX (oppies actually) they didn't, they fell on news and at one point I was down 60% - however I had a strong conviction that, that would change and had enough of a buffer on the oppie expiry to trust myself. Two or so weeks later I had myself my first 10 bagger.
I can't tell you the same will happen here. Who knows. I do however believe this story and this company to be superior to that of VTX.
Disclosure. I have made the biggest investment I have ever made in RYG. I also acknowledge I was in early so I am at worst still in healthy profit. However, because I am in big the dips hit hard and I see big ugly thousands fall away so I am not immune to the ouch factor but I personally will be staying in. I have my targets, run your own race but I feel after playing through VTX and AZK this all feels very familiar.
Best of luck people
hotcopper.com.au/threads/....2653078/page-384?post_id=16530684
These last few days have been the ones where the "If only's" are getting out.
We've all met them the ones who say "If only I hadn't sold my shares in XXX I would be a millionaire today"
They sit around moping at parties enjoying the pity from their mates, who are really sick of hearing the same old story.
I could have been an "If only" I have held this stock for 6 years my buy price was .04c it got down to .003c at one stage I was down a seven figure amount. I could have sold for a few cents in the dollar but I always saw that as only realising the loss.
Where there's life there's hope. I just forgot about them and hoped one day maybe my grandkids may get a buck out of them.
These stocks came alive to my surprise in mid October, on paper I have now recovered all my losses and a tidy profit on top. Have I sold out taken my money and run? No because I can see the fundamentals of this stock and the business there's a huge upside here. I will not be an "if only"
One day I'll be at the pub and someone will say "nice car mate how did you afford that" I'll reply that "I invested in Xped/Raya and I made my fortune" They will then start their "if only" story and all I will be able to say in reply will be "Tough titties mate, you should grow a pair"
hotcopper.com.au/threads/....2653078/page-386?post_id=16530907
Sagt für mich alles, was ich wissen muss...und was ich ganz genau so sehe !!!
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