Originally Posted by
Rokko
My first post -Hope this is how it's done.
Hi MBJ. I agree PEB is up with the best places to chuck some money but need enlightenment about CDY. I took a small punt on them over a year ago(probably after a mention of yours). But I understood early this year they divested that side of the business(Lyramid) though will share in future profits. They must rate as a poor performer for me.
My winner on the ASX has some similarities to PEB. ADO(Anteo Diagnostics Ltd) appear to have a winner Rapid Antigen Test for covid(& easily adaptable for other viruses) but questionable strategies regarding turning into a profitable product.
Been a PEB holder for over 10years. A believer in their science, but trying to catch a falling sword in 2014 left me scarred. Long been irrationally overweight in PEB(even when sitting on a 50% loss immediately before last year's Kaiser announcement). On that announcement I plunged in with the biggest share purchase of my life that has turned out almost unbelievably/bewilderingly successful. Being such a believer I considered gathering every $ I've got and investing all in PEB. Then I asked myself "What could possibly go wrong". I small amount of imagining decided me against that.
So now I'm probably insanely overweight in PEB. But if they keep going up what can I do? Sell? (I did let a small portion go at $1.55 the other day).
I appreciate the posts on ShareTrader including the cautionary ones that are often food for thought. Thanks Balance ,Psychic