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Dud stocks to sell due to EOFY

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Srik

Joined
29 August 2021
Posts
2
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I have below stocks in my portfolio and like most of them my portfolio is down by 30%. I have made some profits last year (<30% paper loss) so planning to sell few of them before EOFY. Any feedback would be appreciated as struggling to decide which one would be better to keep long as i cant sell all. I know it's hard to comment without holding ratio and capital on each one .

Planning to see one's with sell. Planning to keep hydrogen related Stocks along with AXE and DUB which are bigger chunk of my portfolio.

3DP
AD8
AXE
CPH- SELL
DUB
EMD
EML-Sell
EXR
GQG
HXG-SELL
HZR
IDT-SELL
IMU
IVX-SELL
KLS
LIO
MNS-SELL
MYR-Sell
PH2-Sell
PRL
TVL-SELL
TYR-Sell
WBT
YOJ-SELL
Z2U-Sell
 
Hi @Srik, welcome to ASF. Unfortunately nobody here can offer suggestions or advice about which of your stocks you should sell. ASIC would consider that to be the provision of unlicensed financial advice.

Other community members can respond to more general questions, or discuss particular companies in general terms, but no specific advice can be given. Perhaps you can explain your thinking about why you think you want to sell particular stocks? You can approach the thread any way you like, as long as you don't ask others for buy/sell advice.
 
wow dub has really gone back a few years. I remember my friend buying and telling me to buy which I didn't. Saw it go from 40c to like 2bux, now back down. I was never really keen on tech stocks, guess now not much happening for tech
 

Got it. Thanks Joe.

Imo ,As AXE and DUB losses make upto 50% of my losses didn't want to sell them as I think their SP has reached bottom. I think in long term hydrogen related Stocks will do good so holding them. IMU has got cash at this moment so want to gamble on it. Rest of the stocks like MNS , PH2 ,TVL, TYR &EML - in my opinion the sp can go further south so planning to sell them.
 
i
of those mentioned i have held MYR and EML in the past

so will comment on those first

MYR was dumped ( a couple of years ago .. i should have known better than buying them in the first place ) i understood the business model but should have watched the management more intensely

EML i bought as gold explorer AAO , it morphed into EML and had a nice profitable run with their payment card systems HOWEVER they started making changes that looked to me like they were becoming a neo-bank , i was unwilling to take the ( regulation ) risks of them moving in that direction so went for the exit while in nice profit

MNS i watched for a while , i saw too much hype and 'boiler-room' chat on that so stayed well back ( and just watched )

the rest aren't on my radar , good luck
 
Maybe look at bank balance cf expense, and also debt levels vs income for each, if rates go up,can they survive?
Even if the feds give up after an initial carnage and release supply devaluating fiat currencies,but boosting indexes, i doubt anyone will be keen to lend to a small cap at all, irrespective of its qualities.
So i would go heavy handed on the sell side of these.Very generic but we can not give advise here and i have definituvely no crystal ball.
 
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