Humble pie or not the strategy of buying from one nearology to the next is not a strategy for the holder unless it is a punt with the 'just in case' FOMO sentiment. High risk low return strategy. The speckie world is littered with dead fish but once is a while you get a SFR/SIR type life changing event that keeps drawing the hopeful crowd.
I haven't met anyone making a career out of buying lotto tickets for a reason. Those that win are usually fated. However I have met many who made their wealth from just playing the top 100 stocks. It is a slow and steady accumulation of wealth, not a formula 1 racing wealth explosion that usually eat up the holder never to return again. You reap what you pay for.
Taking the SP of 0.2C, do you reckon there is a reason the market is discounting value?
RMR Price at posting:
0.2¢ Sentiment: None Disclosure: Not Held