What panic?11 Sep 2018 11:05
Myo...
You use the word 'Panic' a lot when talking about the sellers?
No chance they are prudent investors then?
By March 2019 I will have held shares here for 10 years, check out the ups and down in that time.
Some times I have been in the red for long periods, other times when it has been blue I have seen substantial profits.
Yup I trade this a little at times but my core holding grows accordingly. You never see me ramping or deramping depending on my position, I have patiently waited to get better than my last best.
The higher lows will look after any LTH's and I would very much doubt any are feeling the pinch after this latest correction if you will let me call it that.
As I posted earlier this week my assessed price for this share in 2023,remains the same as I had 2 years ago.
Why should it be different.
This will never be the diamond I thought it may become all those years ago, however, it is the most valuable gem in my portfolio by a country mile.
As for panicked PI's as you call them, they are welcome for me and should be for you too.The sooner the majority of these shares get into ii hands cannot come soon enough.
I have seen many,many Andy's over the years across 2 b/boards and I am sure others have too,however, they have made their profit and have now moved on. Good luck to them I say.
I have empathy that a lot of people over the years thought they found a way to easy money only to get swallowed up during a downturn. But should they have been in a stock like Sxx in the first place?
Sure as day is day and night is night this share will continue to act the way it does for a few years yet.
Vin...what agreat post. Leaders are born....most are followers including me.
AIMVHO
Cheers.
Camp.
Tick-tock tick-tock.
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