TSXV:SLX.P - Post by User
Comment by
fabdaqon Mar 02, 2011 7:22pm
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Post# 18222286
dont really trade in and out
dont really trade in and outof stox Lippy. Made a lot of quick cash here and I want to preserve the gain. Like the one poster said if I got out below 80 cents and it then went on a tear to the upside I would not have a problem buying in. Sometimes it seems its easier to buy as the stock goes higher and we all feel good as it continues higher. Its when you have the pull backs and stalls that things get scary. And gpr is a perfect example. That stock is just mental! Today it fell into the high 3.80's. FVI is very volatile as well. Need conviction, strong conviction in the PM's and you could make a ton of money trading in and out and just as easily lose a ton - which i guess means you might as well buy and hold bcuz you most likely will break even on getting in and out dollar wise (ie win 5 times and lose 5 times). glta