Within a year, AEM’s share price rocketed by nearly 10 times. The meteoric rise of AEM shares certainly stunned the SGX market, as this sort of performance is usually reserved for US tech stocks and is almost unheard of on the SGX. The question now is whether AEM’s share price has fulfilled its true destiny to become one of the greatest tech stocks to grace the Singapore stock market.
Given the supersonic form of AEM’s share price, I have divested all my AEM shares. I am writing this article to note down my thought process and document some of the lessons I learned from investing in this epic stock.
On this blog, I have always maintained that on its day, AEM’s share price can be unbeatable. Conversely, when the tide turns against it, the counter can spiral out of control. On that note, this counter is really not for the faint-hearted....