Tytan Holdings Inc (TYTN)

[dmlabuda]

That's a good strategy when you believe in the longevity of the stock. I may decide to hold this one for the long term as well but, I typically trade a stock rather than invest in it. That is I try to buy at the best possible price and sell at the best price and catch every major price swing. When a stock is trending higher, I will buy more when a down swing bottoms out than I had on the previous up swing. I lose patience with a stock that moves sideways for a long period of time. Many stocks will stay in a trading range for months or sometimes a few years before they begin to trend higher. Since I depend on my profits from investing to pay the bills, I need to show a profit on most every trade. So when I am watching a stock like TYTN that appears to be a little too high to buy today but, over time I feel it will go even higher, I would rather wait for a better price in TYTN and trade a different stock this week which is now oversold and due for a rise in price in the next few days. So I bought and sold ADHC in the last two weeks and URG for instance is a good buy right now. But, I'll continue to watch TYTN and wait patiently for what I believe is the best time to buy it. In the mean time, there are always other opportunities.