Thats why I have stop losses. Helps me sit aside from the emotion of the day. THL didn't get near my stop loss so had no inclination to sell.
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The stuffing up just adds some excitement! :D
I sold out based on the trend which has been heading downwards for around eight months now - yes I take a long time to make decisions! I also have a gut feeling that, as Lease mentioned, the industry may have had its day and other options are disrupting it.
Having pulled the plug and sold at a loss I now have to sit back and lick my wounds. Time will tell if I got the timing exactly wrong and the SP rockets back up again.
I'm kind of wanting to get out, or at least reduce my holding quite a bit. But I didn't quite get around to pushing the button so I'll hang on and see what happens. I'm not high on conviction with this one, but at the moment my other options are tracking sideways or well over valued so I'm not in a great rush.
Is citic finally decide it is the right time right market sentiment to pull the trigger
Senior manager hocks off a decent number of shares ...hmmm
Its quite pleasing when insiders acquire shares on market.
https://www.nzx.com/announcements/331824
And another insider continues purchasing. Jennifer Bunbury (CFO) bought 5,200 shares in January 2019 and has topped up on-market with another 4,800 shares to take her holding to 10,000.
https://www.nzx.com/announcements/332792
CFO's buying on their own account :)