RE:The Hardest ThingThe AI 5 building AI out , NVDA , MSFT, AMD, TSM, AVGO so manyy more like IBM at a 19x
Top 5 are overbought could wait on a pull back, 1996 all over again Love it.
argaiv wrote: Pretend Ivanhoe hit $35 a share and you sell 20K shares. You suddenly have 700K in cash. You can buy a house or whatever you want, but assume you wan to invest that cash. Finding the next stock you wish to purchase and hopefully win on is really not that simple. Look at how long we waited here. We all felt good holding the stock, but damned if buying something new doesn't make you feel a bit nervouse.
I recently bought some MAG Silver when it went below $10. I thought I had a good deal when it was at $9.80. Two days later it is at $9.49, and then it dips below $9 a share. Grrrrr! Silver has been disappointing to its adherents. I guess it will go up over $30 on its way to $50 or more someday.
I am not pumping this other stock, but I bought some Adventus Mining today. It might get up to 0.85 or 1.00. I bought some of that with the profits. Some like the Luminex merger, and they received an environmental permit for their deposit in Ecuador. It is not a huge tier 1 deposti like Ivanhoe's deposits, but it is good grade.
If gold ever does what it is supposed to do the gold deposit they obtained from the Luminex merger might offer some halfway decent upside.