Re: nuggety nougat
in response to
by
posted on
Sep 18, 2010 06:06PM
New Discovery Resulting in a 20KM Mineralized Gold Belt
Glorieux, I agree with you.
Normally taknig profits is a good idea, heck, its always a good idea to take profits, BUT, when you come across a company such as GNH that has EXTREMELY A GREAT DEAL of blue sky potential - IMHO, taking profits is not a good idea this early on, I mean sure you can make some money right now, but you can stand not to make alot more money in the future.
Opportunities like this dont come around very often, once in our lifetimes IF that. I believe GNH is a company that our grandchildren will read about in history books - and an opportunity like that - heck Im not taking profits just yet.
I mean the difference between 1 million and 1.2 million is not alot profit wise :) - but the difference between 50K and 2 million is a heck of a lot. :)
We all want to win the lottery, we all want to be rich and we all want to retire early and live comfortably - this stock MAY be our chance at that, it may not, but Im willing to take a risk - too early in the game to think of profits right now. Just imagine this stock can be worth anywhere from 1 cent to $100 - for arguements sake, we are at 81 cents right now, the opportunity is vast. Ill start thinking about taking profits when we are at $20 - take some, then hold the rest for much higher.
Everyone is different and is in this for different reasons, some may sell at $1 and move on, some may sell most at 4 dollars and keep a bit and move on, some may not sell at all til $10, it all depends. Remember, do what is right for YOU, not what I tell you to do, or when others tell you to take profits.
This is all in my humble opinion, please do your own DD and plan your investment strategies about taking profits, its your money, its your call. I know what Im doing, you should too.
Peace
TMl26