NEA 0.24% $2.08 nearmap ltd

Billion Dollar Baby, page-129

  1. 38 Posts.
    lightbulb Created with Sketch. 12
    Big big mistake i think kjones.
    theres a massive difference between nea and all your other stocks:
    Nea has real traction and a long runway of an eventual true bluechip growth story.
    All those other companies you bought were  hope stories but no real substance, penny dreadfulls.
    When you do find a nea type company, there is huge confidence this company will have increasing revenues for many years to come.
    The SP would need to retrace 50% for you to re enter and be a winner after oaying tax on profits which is possible, but i suspect highly unlikely now that this company has traction.
    If you work out getting back in at $2.20 after paying tax on your previous profits you be a loser compared with just staying in the stock

    Last edited by Karcus: 02/03/19
 
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