Leeskies
03-25
$BUBS AUSTRALIA LTD(BUB.AU)$ is one of my biggest holdings and longest loss so far, it was positive for me at a point last year but I didnt sell and held on thinking the baby milk formula demand will still grow strong post Covid. In light that I also purchased $A2 MILK CO LTD(A2M.AU)$ some time ago but have gotten rid of some of my losses at sub-4 and sub-5 last year. I'm certainly banking up some capital losses to make room for some wins. My learnings is that when there's a win, take it. like when BUBs news of the American shortage came through, I should of sold. 😎 Now I'm just on a massive loss. 🥺 Also, knowing when to take the loss and invest in something else that will profit better can be a difficult choice.
A Bagholder Forever? Which Stock May Never Recover?
Which of your stocks may never recover? Let's talk about your longest-lasting "losing-friend". For example, those bought First Republic Bank and Silicon Valley Bank during the bank run; Or those who participated in the 2021 short squeeze battle by buying GME or AMC; (GME is about to release earnings this week) Or perhaps those who bought Vinfast at its peak last year? ---------------- Which stock is your longest losing friend? Share your bagholder experience together? What lessons do you get from these stocks?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Mungerism
    03-28
    Mungerism
    Thanks for sharing.while i didnt have these 2, i had similar situation as tours with small cap asx stock, massive losses and didnt know when to get out
  • Ah_Meng
    03-26
    Ah_Meng
    I have both as well. I sold A2 milk early at a good profit. Got rid of Bubs at quite a big loss when the board started fighting…
  • qwertd
    03-28
    qwertd
    You're so right, when there's a win, gotta take it lah.
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