I also bought META at $90.. bought way too much and couldnt sleep at night... sold for a small profit... huge miss...
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I also bought META at $90.. bought way too much and couldnt sleep at night... sold for a small profit... huge miss...
Oh you poor bugger!
I bought many times on the way to 90 and by complete luck loaded the boat in the low 90's but no way was that my average price, but allowed me to put a lot of capital in.
It's not just about returns it's about sizing as well and although it wasn't my highest return it was by far the biggest $ amount.
For full disclosure, I'm not currently buying. Last lot I bought about a Month ago at 72c.
There are so many opportunities currently, Q1 letter after letter I am reading things like;
'Despite thisquarter’s gain, the gulf between our securities’ trading prices and their intrinsic values is as largeas I have ever observed. Fourth quarter 2022 earnings were very good overall'
And
'Fund Holdings are at Incredibly Attractive PricesOn the whole, as of the end of March 2023, the fund’s holdings were trading at 5.1times our estimate of earnings for the coming year, and 4 times expected earningsnet of cash at the respective businesses'.
While the general market remains expensive we are also in a generational buying opportunity for value and small cap type stuff.
I would buy more here, but am looking at a few other opportunities as well. Any dividends will be going back in for sure.
Bit of a run this afternoon. If this is based on some insider knowledge, the naysayers and panic merchants who are basing their comments on speculation (even though there may be some small basis for the speculation) have scared buyers who may have purchased at 67 or 68.
We will see.
Closed at 69c today - where was the run? A long way from the $1.00 which some punters here held out to be the floor for the sp.
If anyone believes that OCA is going to go back to $1.00 and is holding out to buy at 1c cheaper at 68c vs 69c where they have been trading today, they need their head read! As they say, being a dick for a tick!
You think Balance affects the market? Think again, there’s bigger forces at play here, today was them challenging the bottom, a few cents on a lot of shares. None of us are significant in the market, it helps to realise this truth.
If people are scared off buying they need to take some responsibility for their own financial decisions. Such talk is nonsense.
Everything you read even from definite trolls, affects your decision making to some extent. It's just human nature. I am not saying the pessimistic speculaters, are treated as investment advisors and decisions are based on their 'propaganda'.
I would suggest your wife's comments on your investment decisions affects future decisions somewhat as well.