I'm amazed at stocks some times, and it's as if
there is a crystal ball over my shoulder that speaks
to me and says "See, I told you to be patient"
e.g.
I had a position in New Gold, quite a few shares
bought at 1.19/share
The 3 month chart on this looked very pretty, stair
stepping up the chart almost perfectly.
Swing Trades one does not want to be in a stock more
than 4 days, and even that is too long,
but I this one, I tried to learn patience. The highest
it got was 1.25 and I was about to sell for a nifty
profit, but for some reason held back
That was it, for the last two weeks hovering at about
1.21---1.23/share most the time.
Finally, I had had it, and sold all my shares for $1.22/share
I made a net profit of $20 Yippee Kay Yah
Less that two days later this puppy gets a jilt up to,
well, how does $1.35 sound.
So, Clay Trader, if you see this, and you know the answer,
please tell me what I could have done differently, cause
I know ya gotta just move on to the next trade, but if at
all possible, I want to learn from this.
Same thing happened to me with ALRN but I did not hold near
as long, but the share price went up after I finally sold.
FINE !!!!! har har....lol
Briboy
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