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9.5¢ mgm wireless limited

All of the above lol The main point is that a return to $5 in...

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foo ling yu

1,029 Posts.

104

19/01/19

07:24

Post #: 37162027
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Originally posted by sivart ↑

Originally posted by foo ling yu
While this is good news, it's nothing we didn't know already.

Importantly, we are still 2-3 months away, a lifetime for impatient traders. The volitility we've seen in the past few weeks should be a warning to all holders of just how big the effects are when expectations aren't met with pinpoint accuracy. I see the same "can't lose, only way is up" sentiment appearing again.

I remain confident and have no intention of selling anytime soon. However, now is the best time to take a deep breath, do some research, crunch some numbers and buy on facts, not fomo.
Foo,
All good advice. However, if you don’t plan to sell any time soon then: a) you believe the company is worth more than the highest price it’s hit recently (or you would/should have sold); b) any volatility downwards only offers an opportunity to buy more at a lower price than you otherwise could (assuming funds allow).

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All of the above lol

The main point is that a return to $5 in the next 2-3 months would be premature without sales to support it.

MWR Price at posting: $3.23 Sentiment: None Disclosure: Held
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