Replies to post #5192 on Avita Medical Ltd (RCEL)

[jugs]

You're very welcome. We've got a great board here, working together and sharing ideas as we all do.

A thing or two I'm dealing with, myself:

I've got 74,000 shares of RCEL at present. I keep asking myself:

Do I really need a thousand more? Or am I just looking for excuses to commit further? And what will that prove?

I'm using margin but no more than the cash in my checking account which is tethered to my Ameritrade ACH-based brokerage account. Bottom line---I'm 100% solvent. Other bottom line:

No matter what happens to global finances due to the current Corona virus debacle---nobody is going to come along and decimate me---aka control me.

There's an ego thing going on too---when I add shares to an already strong position, I'm enhancing something. But I don't think it's my financial strength since I'm not in debt now. So sure---I might make a few bucks more when the V-shape returns. But another thousand shares don't add up to much in light of having recently dropped 400K.

So that suggests to me it's about ego and chest thumping and not basic investment approaches.

I'm still working thru this and my social worker wife is a huge help.

So I'm urging others here to protect home base above all and that means don't bank on a return because it may not happen for awhile. Risking homestead and potentially debilitating tax issues all for the sake of proving a person is special?

Not making much sense to me at this point in time.

I think I've just pulled back from the front lines of further acquisition. I'll buy only if we get to $7.25 or lower.

Thanks for the opportunity to share!