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8.2¢ alliance mineral assets limited

I’ll trade during this highly volatile market... reduce risk and...

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csfoo7721

807 Posts.

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19/01/19

07:14

Post #: 37162009
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Originally posted by Dustymountain: ↑

I understand this may come across as controversial, but try and take your emotions out of it.

I have a fairly large shareholding in AMAL with an average price just under A$ 0.30, for me to get back to an even keel I have to consider the current share price to increase by 50% and of course the time it will take to get there...

If I sell, I lock in my losses and have to start over somewhere else or keep cash / Gold until global market improves.

Lets say we know have a fixed amount of cash to spend (proceeds from equity sale or saved capital to invest) with the view of increasing our investment by 50% in the shortest time frame...
One would naturally research the market looking for value/good fundamentals and future trends, also considering the global economy which some may deem a bit risky atm.

The questions are:

from your research would you invest now or wait till the global economy to derisk...
Invest now in some good companies that are now at reduced prices
Would Amal be one of those companies?

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I’ll trade during this highly volatile market... reduce risk and take profit as we can... small profit everyday become big overtime
A40 Price at posting: 21.0¢ Sentiment: Buy Disclosure: Held
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