RE: 1-5 years invest and wait8 Feb 2024 17:29
Amatra, there is a reason why anyone would buy 10 million shares in a company with historically poor financials, no income stream, very little in terms of tangible assets, in a country renowned for corruption and tribal rivalries…. It’s called greed!…I’m not knocking it!… but it does mean that the belief that you are so sure that your poor research and non existent due diligence does not matter. Your conviction that this is the stock that will make you unimaginable rich in exchange for a few grand is absolute!…most of us have been there, the trick is to learn, not just about the markets but also about yourself!…for me, it was understanding that I am a gambler but I had to become a smarter gambler rather than an impulse gambler chasing unachievable and unlikely jackpots!…no offence intended! 👍