I moved my BAL holding to A2M after the plummet and have well...

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asb83

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08/03/18

22:56

Post #: 31633873
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Originally posted by Barolobill ↑

I will buy back in, the pain of seeing it rise is too much for me to bare. There is a strange psychological bias were people are less likely to buy back a stock that has shown them a loss. Given the magnitude of my loss on BAL, it's quite a hurdle. Have always believed in the brand and the China market. I went all in and lost, thanks to prior management it seems, and a fair chunk of stupidity (i.e over-leverage).

I've really blacked it out and tried to ignore BAL, that was a huge mistake. The chart was telling the story and I wasn't listening. I've made some money on A2M, but small change really.

Rule #1 = Listen to the market, things can change, positive and negative. i.e The market was saying it was a sell before the big drop and the market was saying it was a buy at $5-10.

Will take a look at BIN, many thanks, i'm still learning

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I moved my BAL holding to A2M after the plummet and have well and truly made back what I lost on BAL plus a lot more. Ironically, my portfolio would be worth pretty much the same if I'd just held BAL and never swapped. Although I probably would have shortened my life by 5 years with the stress of owning BAL throughout the suspension, CR, etc

Although I'm ruing looking back at how many shares I owned at one point in A2M in 2016 and how much that holding would now be worth had I not sold down

BAL Price at posting: $19.90 Sentiment: Hold Disclosure: Not Held
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I moved my BAL holding to A2M after the plummet and have well...

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