GREY:MGXMF - Post by User
Post by
WolfOfBaySton Feb 09, 2017 2:04am
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Post# 25820997
Day Traders vs. Investors
Day Traders vs. InvestorsThis is a classic case of day traders riding the rollercoaster of hype. This week's activity is just a hiccup. Any real investor who has been following this company from the start, knows that MGX is here to stay. Billionaires Marc Bruner's time is so valuable that he has no benefit in playing games or manipulating SPs - the point is that he would not be involved if this company is not going to make serious waves. Money makes money - we all know that. Bruner = money.
Secondly, I got in at 0.11 cents last spring. I contemplated selling at $2.50 the other day, but a company like this is one of those rare finds that could spring investors into early retirement. I have no doubt in my mind that those true investors who have done their DD and are willing to ride it out will see a SP of $3.50-5 by late spring/early summer. With MGX, you need to decide if you're a day trader or a longer term investor. My humble opinion. Good luck to everyone.
- Wolf