Volatility ~19 Jul 2021 16:35
The whole market is in a very unsettled mood :
Covid Chaos , Political Chaos , Geo political threats , Democratic dangers , Global conflict fears , Inflation fears , Oil price volatility , Global warming issues , Shortages of food / materials / labour .......
In fact the whole world is in a very unsettled mood .
Companies in the new developing Green Sector have all been hit , some very hard , and for some of the reasons above developing this sector has clearly slowed significantly .
Cash conservation is becoming a primary concern .
EQT is not immune , what can I do ?
1. Nothing ! Hold the stock I have and wait for the inevitable recovery , demand and profitability .
2. Sell , sit on the cash and await confirmation development .
3. Buy , at a much reduced price guaranteeing future capital gain .
For myself it is definitely 1. ~ But ~ also 3. As I continue to add a little more when I can .
I agree that this investment has not moved forward as quickly as I had first hoped , but that has not changed my enthusiasm for the concept , the technology , the management team , the inevitable demand and the future profitability with capital gain .
Clear thinking , forward strategy , and patience will surely be rewarded .
VGLA .
ps: Very encouraging update today ~ pleased to see Woody are still in the frame .