GREY:STTYF - Post by User
Comment by
denisonodon Oct 29, 2012 12:38pm
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Post# 20535372
RE: as of 10 53
RE: as of 10 53 One more time: Very, very hard trading SND and SSL. Take this advice from an experienced investor. Why even try to time the two Sandstorms? The odds are very good that over any of the past-future 5-year periods, for years to come, that they both will yield 30-40%+ annual returns (starting after their intiial year, or so). SSL is looking great. SND? I will not bet against Nolan Watson and his prediction that he will drive the market cap of SND to exceed SSL. Best to buy both on some sort of dollar cost average approach. In the long run, it won't matter much whether you buy monthly, bi-monthly, quarterly, or on periodic dips. Key is to have positions in both companies and accumulate as many shares as possible over the next 2-3 years. There are thousands of other stocks to trade, so why try to time/trade the Sandstorms which I feel should be regarded as "core holdings?"