Originally Posted by
Southern_Belle
IMHO this feels similar to the early days of Xero. A polarising share that people either like or loathe. Each side will read the results & attach meaning to it as 'proof' of their position. Lots of volatility based on the mood of the day and analysis of every announcement and rumour.
Facts are if you bought in this time last year, you are still better off than having the money in the bank. My guess is, if you bought in today, this time next year you will still be on the winning side.
I bought Xero at around $5, rode the rollercoaster until $42 thinking only way is up. It plunged & felt sick at all the 'money I was losing' ..... fear got the better of me and sold out completely at $24 and took comfort as it kept sinking to $15 ...... now it is about $63 .... hindsight is a wonderful thing but it doesn't pay the bills ... or pay for the holidays.
Sit tight, ignore the volatility and learn the lessons that are best provided when you have skin in the game.