When spring tree was pushing the sp down, large volume went through i bought fair bit averaged down knowing we could have DSO AND TFA jv partner willing to put $20m (no more now).
I generally not worry about profits nor losses, I look at chart and how fast sp moved, and relative sp to other stocks. If ONLY if I had to sell at loss at 10c, I would because sp went from 4c to 12c so quickly (too fast), and relative to other stocks that went down heavy due eu problems.
Besides if you sell cheap or loss, other stocks also got hammered down also. I used fwl money I got, bought Mol around $0.14 (after I put in cash for a while) and sold down fair bit after sp went up like rocket. At $0.14 Mol was cash-backing and Mol is a producer 1mtpa haematite high grade low cost.
Sp I see it as relative to each other unless you sold down and don't invest anymore. Like if you sell a house cheap, you also buy another house cheap. IMO only.
LCG Price at posting:
2.7¢ Sentiment: None Disclosure: Not Held
