RE: Well that is some share price fall8 Jan 2022 11:03
45Bob - This sounds like my (unintentional) investing strategy. I always seem to buy at the 'peak' - it lays in wait for me to buy in. Having held SCT shares for a few years now, I can echo the confidence of others on this BB. I have no worries that this will continue it's long-term rise in the future. Every now and then, SCT seems to be liable to a hefty drop (even pre-covid), usually about 20%-ish of the peak value. (Granted this time it is larger - 30%-ish). It then lingers a while, before a strong up trend. These drops (like the one currently), seem large in short-term context, and can still clearly be seen on a longer-term (5 year) graph, but the rebounds have always been stronger, leaving a higher water mark. I hope, for our sakes, the future bears this out.