u/automiss

▲ 9 r/ASX

NEU sharp rise today

I made a previous post lamenting on my extremely poorly performing speckies. NEU was actually also one of those who did really well when I first bought it, so I went and bought some more, then the whole lot plummeted deep into the red and I had regrets. I was almost 40% down when today I login to see it has gone up 36.48% today only!! It’s crazy it can increase that much in one day. Now I also hold onto hope for PCK, CAT and SGQ 🤞🏻😆

How can a stock increase that much in just one day?!

reddit.com
u/automiss — 8 days ago
▲ 9 r/ASX

Cut my losses or wait it out

I made a few very poor decisions last year putting $5k each into speculative shares of PCK (down 77.59% 😩), CAT (down 46.90%) and SGQ (down 12%).

Please don’t mention the opportunity cost, had I put that $15k into an ETF. Don’t worry, I will not be making anymore ill informed trades again.

My question now is do I sell now and cut my losses and take what I can to reinvest elsewhere? Or do I hold and hope for a recovery as to not capitalise my losses?

I don’t have any other shares I want to cash out from so don’t need the capital loss, but should I spare myself the heartache and get out while I can?

reddit.com
u/automiss — 23 days ago