Australia's largest stock trading and investment forum Australia's #1 stock forum

MNY

Click for more information

0.00%

$3.15 money3 corporation limited

This company has been one of my best investments. I do like the...

First 8 Last

Share
Profile

Follow
New Trader

1,023 Posts.

30

31/10/16

13:27

Post #: 20250950
Share

This company has been one of my best investments. I do like the fundamentals, so will hold. Thanks 4 tip.

Originally posted by stupidfish ↑

Don't 'trade the news'. Just in general, markets react on sentiment, there doesn't necessarily have to be a physical, logical reason for why they react the way they do.

Now whether this is good news or bad news remains to be seen. Just focus on your own research, get a value, and if you are confident in your research, stick to your guns.

When I first started investing, I was always doubting my research, for one company I bought, my research valued it at $2. I bought in at $1.50, and on the day of the annual report, the share price tanked to $1.10 (roughly), even though it was a positive annual report (it just didn't meet hyped expectations) I panicked and sold immediately making a loss, but months later the share price was $2.10.

Expand

MNY Price at posting: $1.73 Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

Chaos reigns markets – so let's take stock of where we're at ahead of December

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

There are more pages in this discussion • 4 more messages in this thread...

First 8 Last

Add MNY (ASX) to my watchlist