Holding core shares only. Al
in response to
by
posted on
Oct 11, 2007 10:47AM
NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)
Congrats on your profits.
Would you share some of your stategy here?
How do you decide when to buy?
How do you decide it is time to sell (sounds like you hit it just right so far today).
I think the drop to $3.00 was a pretty obvious buying opportunity, as it was sudden and without merit, but how did you determine the $3.90 sell?
Do you do this often or just on the wide swings?
I have found it very stressful to try to do this myself. That is why I have been much more comfortable in the buy and hold camp, but it might be a good lesson to play this game with a small portion. Still, buy and hold has worked great for me, so I'm not complaining.
Thanks for your thoughts in advance.
BK.