Now abc share price has gone up from 15cents to 50cents.
When we know this 5 baggers and we do not own them, we should not be proud of ourselves nor being sad or regretted. We should be happy that it is possible to make much money in stock market. And ONLY with good study and analysis of the company we invested in, enables us to achieve this. We should not be proud to ourselves that we are capable of picking abc stock in the first place and now has turned to be 5 baggers.
What is the point of being proud but we do not own them and ride through the rising price? Movement of share price to 5 or 10 baggers is possible and happening and it will happen again and again.
Afterall, stock price does not always reflect the actual value of the company or business. Our job is to find a good bargain stock and to stick holding to the stock/company until the business matures regardless of the price of the stock along the way. We should buy in slowly when there is opportunity to buy at marked down price or when Mr Market goes crazy.
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