RE: Why Does This Stock Not Move?Posted By: gsnell
Post Time: 4/3/2007 13:59
That was who I was responding to.
Gsnell you've been a subscriber for 18 months. Great. Have you bothered to read the New Sunscribers booklet that comes with the first issue. Ever read any of the Dines book? Did you read the last edition I referred to?
Of course Dines has pushed MGA many times and with good reason its chart appeared at least twice in the last TDL. Do you follow Dines' charts from issue to issue?
What stock has not caused anxiety from time time to time, big deal join the club. You must know by now, I hope, that Dines' timeline is generally 3 or 4 years in most cases as long as the trend is up. Have you looked at the charts? Have to read Dines' discussion on reading charts? If so you would not be anxious but use this period to place some buy/limit orders at various lowball points, or you might just average in, or use other strategies suggested by Dines or found in many other publications.
Then there is always the sleepless test. If you are worried about a stock consider selling and going into something you fell more comfortable with. Dines has done that himself e.g. CCO (CCJ) and with good reason.
You don't need to apologize, we all fell anxious from time to time. How about a month ago when uranium stocks took a 20% to 40% hit. The main thing is that the chart show higher lows and higher highs in between normal consolidations and pullbacks.
Dines, over time, has made a a great deal of money for me and the performance of his selections gives me no cause to worry.
I was responding to the number of times you used the Dines names in a negative sense. If all he did was push MGA I would be suspicious, but he highlights various stocks and points out the good and bad. The fact that he had the nerve to recommend 'sell' CCJ (CCO) and took the heat but was right made me a lot more money.
I am worried about tomorrow - sure a meteor could hit me. Am I worried about any one uranium recommendation over the next three or four years? No, as long as the trends are up I feel fine. Hopefully you will feel better. Remember however, we are investing in a commodity that has been hated for years, a commodity that politicians cannot make up their minds about, but a commodity that is absolutely essential 'or the lights go out'; and one that will remain in short supply for four to six years and maybe more.
Overall the outlook is nothing but $$$$$$ as far as the eye can see - just not tomorrow.
I wish you well and hope you extend your timeline oulook.