galumay
learner
- Joined
- 17 September 2011
- Posts
- 3,359
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- 2,167
I finally sold out today after it was clear NTD had made no ground in turning the failing business around, its been a big and expensive lesson about sticking to my rules and processes. I should have sold when I first realised management were lying to shareholders, and the debt to equity went way past my limit.
Incredibly, had I done that, in Dec 2021, it was $1.65 3x my initial parcel and 70% up on my overall average cost
Instead not following rules and process means I have lost about 40% on my capital.
Hopefully I am a bit less stupid after this.
Incredibly, had I done that, in Dec 2021, it was $1.65 3x my initial parcel and 70% up on my overall average cost
Instead not following rules and process means I have lost about 40% on my capital.
Hopefully I am a bit less stupid after this.
