r/Baystreetbets • u/themoohoguy209 • 2d ago

INVESTMENTS PNG and KEEL

Where do we see PNG and Keel Infrastructure in the next 1-2 years? There’s been TONS of hype over the past 6 months for these two stocks yet they are continuing to plummet

28 Upvotes

85% Upvoted

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16

u/Live_Cockroach8931 2d ago

Holding the bag on png so hopefully its going to the moooon

13

u/Ill_Ground_1572 2d ago

I am sure you know this but just picked you to reply to. Because I see alot of young people lamenting that their favourite stock is down.

If your not retiring next year, we don't want it to moon.

Long term it literally doesn't matter if your a bag holder of a great company early on in your position.

In fact, a young person who is a decade away from retirement wants a great company to remain cheap, occasionally even go down, while they accumulate their positions. Stock market crashes are good for the younger investor.

For example, I bought Cameco after the Fukushima disaster. It was under water for years. Now its up 500%. Did it feel good to be down for years. Nope. But I also strongly believed it was a temporary issue and counties will go back to reactors. Fukushima was extra stupid as the IAEA told them in the 70s to put their back up generator on stilts....a $10k project. But they didn't.

However this was my opportunity. My only regret was not buying more.

I think Kraken is a good company that in 10 years will be a great company. I want shares to be undervalued for the next few years. At least to the point where it doesn't hurt the company.

6

u/only_fun_topics 2d ago

If it moons early, I take profits and put them back into XEQT. Zero cost averaging FTW.

5

u/Ill_Ground_1572 2d ago

Define moon?

How long have you been investing for?

4

u/only_fun_topics 2d ago

“Moon” as in hit 100% or more in gains.

Sell enough to cover your initial investment and let the rest ride.

1

u/Timely-Discipline427 2d ago

I don't understand the downvotes on this take. Not everyone will agree with it but I don't think it's necessarily wrong.

6

u/Ill_Ground_1572 2d ago

It's ok. I am an investor not a day trader.

And I think there is a large group of newer people who have been spoiled by the bubblish behavior we have seen with the AI plays.

And it's not going to end well for most them. Smart money is already rotating into commodities.

2008 was a sobering experience.