Northern Dynasty Minerals Ltd (NAK)

[daveblanchard]

On Friday, I saw signs that the market might dip on Monday. It was nothing more than a hunch, although I had already foreseen a long time back that we could see such turbulence this week. I came on here to share my hunch. One guy replied with a smart ass remark. "Lmao. Oh man. Thanks." I could feel the eyeroll across the internet.

So I started doubting myself. Looked at the chart again and thought, you know, maybe he's right. It really does look a lot like normal day to day trading for this stock, seeming though it's getting poised for another nice, gentle climb. Maybe I'm fooling myself.

I had a sell order pulled up, one click away from putting my 1.01 buy-in back on the market at a very conservative 1.06. It turns out I could have got 1.08 for it that day, had I executed that order. But instead I listened to that seed of doubt he had planted, and cancelled it.

Put in another sell at a very conservative 1.02 limit this morning, and guess what, no takers. Bottom fell out. Algo says the new roof is about .98 right now. I'll take it. Lesson learned. I deserved it.