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Re: Ineffable777 post# 5374

Monday, 04/14/2014 1:46:19 PM

Monday, April 14, 2014 1:46:19 PM

Post# of 9532
Long for years is definitely the way forward. If you read a recent article it said that Retails are worst traders who often buy high and sell Low Chronically.



I went long on about 8 positions in 2000/2001... didn't even look at them for a year at some points. Was too busy growing, running a business I'd started..

In 2006 when I need some cash for a house I went into my brokerage account and 7 of the eight had done Fantastic. On average 4x return.

I did miss a pop in MRGE up to $28!!! from $1.50.. for the fact I hadn't looked in over a year. Still sold at $10.50.. so still good.

but cringed at the thought that I'd missed $28 by 7 months.

anyway. I've spoken with Fusion Pharm in the past and I like them. I think it's much longer hold then most on this board realise... I think $10 is out of the question short term. but yes. Hold on for 3 years and one would see very handsome returns here. IMO