Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Yeah WSBN really killed me. I’m sure my average was like 1.... for ages.... then I gave up on it and sold. A few months later 13 bagger haha. Wicked wicked world. Same happened with 88E I sold out a few weeks too early, missed out on maybe 5x? Oh well... we live and learn! I keep half my stake in at all times now, and trade the other half. Hopefully offsetting shares that act like this one, where they drop and drop and drop. Ah well. GL everybody :).
I do see a decent opportunity. Just seems 9/10 stocks that are held for too long seem to drop in value over time, but short term have their dips and spikes, so I prefer to work around a shorter frame of time. All from my own experiences of course, and I imagine I haven’t done this for quite as long as some of you guys. I don’t play with anywhere near enough cash to manipulate a market either. Whatever your game I hope you all make money!
Odd take on traders.. I’d say the real problem is investing long term in penny stocks.. there’s a long list of companies who’ve shrunk in value on AIM over the medium to long term, and the only people who make money from those stocks are traders.
We’re all gamblers. Even FTSE100 felt safe. Until March 2020.
Goodluck everybody. Don’t invest what you can’t afford to lose and take care of your mental health.