MNQ 0.00% 0.0¢ minquest limited

MNQ Chart Thread, page-311

  1. 638 Posts.
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    The point i am trying to make is valuation and journey of allowing a stock to create value in its market cap, this does not happen in one week or one month (which is the only time since the acquisition was announced) i think the biggest thing with HC posters is most of them want to buy and sell short term i.e. they would be in and out of MNQ by now and thing to themselves thats it i am done or the story has finished.

    Look at RAP back in Nov15, it went to 14c and retraced back to 7c, i am sure people back then were posting comments about this story is done, its a pump and dump, all the soph investors are getting out and leaving it to mums and dads, all those "retail" backhanded comments i hear from people a lot. If RAP was good it wouldnt go from 14c down to 7c etc etc. Well it went from 14c to 7c and then now 30c. Just have a read of the comments back at this time period....

    Shares just dont go up they ebb and flow , the key to Value investing is to recognise what the valuation of a company can be , and are you prepared to ride that journey to that valuation.
 
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