DroneShield Limited

ASX:DRO

DroneShield Limited

ASX:DRO
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$0.720 (-0.7%)
Last close price
#21
Rank
30
Held by
70
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Reports (8) My Report Forum Investors
Forum Topics DRO DRO Bear Case

Pinned straw:

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lastever
Added 9 months ago

@Noddy74 This post about Ando has turned out to be hilariously accurate. What else is he tipping?

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Noddy74
Added 9 months ago

Ha ha @lastever

At the moment he's pitching something called a "Chipinbrain" or "Braininchip" or "Brainchip" - something like that. Ando's pitches tend to be refreshingly unencumbered by facts, so you have to divine some of the details - like the name of the thing - yourself.

I'll be nervous when he starts spruiking a certain orange-coloured currency.

17
topowl
Added 9 months ago

#stoploss

Does anyone use stop-loss orders in a limited way....

I've been thinking about Droneshield on the weekend which is way over valuations at the mo...

As an experiment, I'm going to try a trailing stop-loss on it,

Just in case of a one-day catastrophic drop greater than 15% of last days trade value.

Normally, I'm a long-term investor and am quite against using stop-loss orders.

I think it's the first stock in my portfolio that I'd call a hype stock with a lot of potentially "dumb money" piling in.

I've got about a 4% weighting in it IRL, and I want to protect my downside if as dumb money sometimes does......just craters at the first sign of bad news.

I'm still a long-term investor with conviction, and if my stop-loss order trigger sells all my holding...I'll still buy in for an appropriate weighting at the lower price.

Would love to hear if anyone else ever does this.

Again, I'm not a trader, I just see it's above 5 million in daily volume, consider 15% trailer to be a safety net to protect some pretty decent profit, and it really seems to be a hype share at the moment.

My only other experience with a stop-loss was when one I created failed due to a tech problem with my platform as it was the first time using it. Honestly, if I had actually followed through and sold when my stop-loss should have....I would have saved about 30k (it was a speccy biotech that cratered....but I don't touch them now anyways).

Would love to hear if anyone else uses stop-losses in a limited very specific way...

Cheers,


14
Strawman
Added 9 months ago

I'm not a fan of stop-loss orders @topowl (I wrote something years ago here).

I just think that you can always manually sell if you feel it appropriate. I have price alerts set on my phone, so if there's a big move I can see what's happened and make a more informed judgement call.

I know I'm in the minority here, but that's my 2c :)

19
mikebrisy
Added 9 months ago

@topowl I never use stop loss orders. If I had, I would often have sold out of some of my best, aleit more volatile investments. Of course, the argument is that you can always buy back, but the truth is, that would erode my returns.

That doesn't mean my decisions are always good. However, my poor decisions have been because I failed to judge in a timely way that something was fundamentally wrong. So, while it is true that stop loss selling would have protected me in those cases (which would make my SM returns much stronger), in my RL portfolio I would be worse off overall.

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topowl
Added 9 months ago

Thanks for that!

Appreciated.

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topowl
Added 9 months ago

Thanks for that!

Appreciated.

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Saiton
Added 9 months ago

Im definitely with you on that one @Strawman and I set my alerts nearly every day and then reset them as they play out. Lot of work but if you want to succeed then thats what it takes

6
Rocket6
Added 10 months ago

@Noddy74 haha shit the bed -- that's probably the best bear case I have encountered for Droneshield.

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Strawman
Added 10 months ago

That's funny @Noddy74

Reminder me if this anecdote

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Also, my nickname among my old school friends is Ando, so your story definitely made me laugh

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topowl
Added 10 months ago

Ha Ha....

When you hear something like that.....you know it's going to be a banger.....well at least for a while anyways.

Thanks for sharing!

I've also got a group of people.... and if they’re banging on to me about a "sure thing" biotech that's going to cure cancer....well I know it's definitely going up for a while....

(but inevitably it will go to zero).

I still love thinking about this scene from "let it ride" about placing a bet. Just ask your mates who should invest in....then cross it off the list....lol..or maybe it should be the other way round.

https://www.youtube.com/watch?v=VosZzVlqxTg

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NewbieHK
Added 10 months ago

Yep had a similar thing happen to me. Fingers crossed it’s another Afterpay and the pile on has just begun!

13
RhinoInvestor
Added 9 months ago

Was about to put a sell order in at 0.76 for DRO last night but then had a look at the market depth ... 413 buyers for 5.65m shares vs 130 sellers for 1.99m shares. @Noddy74 's Surfer Sparkies, @Strawman 's Shoe Shine Boys etc ... I think I'll wait until you all push the price higher.

DRO is the #2 most hyped stock in my portfolio over the last 12 months with the ranking being (Nvidia, DRO, UBER, Playside, BTC, Spotify). I need that to make up for some of the rubbish at the other end of the spreadsheet including a couple that now need to 10 bag to get back to par.

Managed to scratch the itch / get the cash to pay the ATO by selling a portion of NVDA stock last night which had just ticked over the 1 year ownership with a mere 270% capital gain (thank goodness for 50% discount).

DISC: Held IRL and Strawman

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Strawman
Added 9 months ago

No better problem than a tax problem @RhinoInvestor

Nice work on NVDA!

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