RE: Another 3.5 million sell18 Dec 2018 11:10
The problem with stop losses (be they actual or mental ones) is that they guarantee that you'll sell at a loss as they are always inevitably hit. That's not why I invest my money in a company - I want to make a return on my investment. I prefer to view my investment more holistically, looking at the fundamentals of the company and where I see the company progressing to in the future. Fair enough we can get it wrong and yes there may be times when you have to sell and realise the paper loss because the fundamentals have changed for the worse.
On AST, it's clear there's been an injustice on the permitting. I can't see with the amount of money that's been invested in the project that parties would be willing to give up and walk away at this stage. So I'm hopeful of a resolution in the near future to everyone's satisfaction with the asset value beginning to show in the mcap.