GREY:FFLWF - Post by User
Post by
Westgreygalon Nov 16, 2016 2:21pm
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Post# 25470170
Newbie Question
Newbie QuestionI understand some are taking profits and some holding long term? I am learning more everyday but I am trying to figure out strategy around when does it make sense to take profits and when is it better to hold? For example, I got into MT at $2.60.....then bought more st $3.98 (in separate account) ...so I could sell the shares I bought st $3.98 but for that to make sense I would need to feel I could buy shares back close to my original $3.98 cost? Knowing that down the road and after some dips we will see this SP rise over time? I worry that if I take profits, say even half.....that I am shooting myself in foot as I will hold fewer shares when the SP really goes up?
What is the lowest price anyone might expect to see for MT? Hard to imagine it falling under $5?
Appreciate any input as this is soooo not my day job (psychological assessment). Thanks to all in advance!!! GLTA