Taseko Mines Ltd T.TKO

Today Is Why

[JoeStockIQ]

You take a good chunk of profits during a period of skyrocketing share prices. The information was everywhere that the primary reason copper had shot up so high and fast was due to short squeezed trading firms being burnt and then momentum traders playing dog pile on the rabbit. Excessive demand wasn't the reason, thereby being unsustainable. That leads to huge price swings. Look, we're not saying copper won't go back to $5.10 but it could just as easily retreat to $4.25...or $4.00. And, you absolutely know what happens to Taseko share price when copper loses a buck quick. We saw this exact show not too long ago. That's why. That's why you lock in awesome profits and don't think twice about it. This isn't a "we told you so" and Taseko shares can go right back to where the were. If it does, book them profits! Florence is still a long way off, labor strike?, bank crisis announced?, etc. Perfect environment to swing trade. Keep your core, swing the rest, make some money.

[JCSunsfan]

So Joe.  I took ten percent of my position off the table AFTER by at least a few days you talked about significantly reducing you position and still even after the big drop yesterday I am .20 US cents behind just holding.  I have found that when I try to time the market I usually get out too soon or too late and always get back in too late.  Could it go back down a buck.  Maybe

[nofluff]

Well jc, got his dig in on fluff:)).    Jc has 2 standards.  Tko is up 30% from where fluff got out. That took years to do. Fluff arbitrage went mostly to ag tech. All private. However, you are talking about the tiny 100 thousand cad to buy 400 thousand ncu. You mock, that swap. Granted, I would have been way better to hold tko and swap now. However, If I have a pit in my stomach

[JCSunsfan]

You know I love you and treat you nice. You have just admitted to being out of TKO during its big run up, and Idon't want to do that.  

[nofluff]

Ya. 4 sure:)).  We see different pics. U see 3.00 cad to 4.00 cad as a big run. I see it as nice, but only one third of a bag over years. It remains to b seen how ncu will do. Nf

[JCSunsfan]

We've talked about NCU.  Not enough shares beyond the inside owners to make them care about share holders at all or to make investors truly interested.  Not enough daily volume in terms of cash value for any big investor to get in without driving the price up on himself. 

[nofluff]

Hi jc.    I remember  those discussions.  We r still both the same.  What u view as negative, I view as positive:)).   I am happy that some tkoers have swung some of there profits into ncu  I believe there was a 250 thousand fill this week on a patient 0.07 u.s. bid. That is not big as u note. But just getting your toes wet first is smart. Nf

[cupricity]

I am not happy I bought NCU at 70 cents.  Glad It was only a very small amount.  As for you Mr Slewfoot  my portfolio has shot yours in the bottom just to listen to it yell...  The best cure for silly bears who trash talk a stock at a dollar and then watch 400% go up in smoke is to sit down and bear witness.  I have shares in my porffolio that go way back to 1.80 in 2009.&

[slewfoot2]

lol... 4sure cup.... funny how ur story changes now  lol.. eye have bean trading tko for a long time and m well aware of the company... eye do t think eye have bean trash talking tko at all.... just meye perspective, which has served me well with tko.... just because it is contrary 2 ur pie inthe sky dream, doesnt meen its trash talk.... bottom line Gibralter is amarginal mine... just look at

[cupricity]

Ive always felt this.  You get out or in in your 20/20 hindsight.  Sure it would have been great to get out at 2.70 and back in at 1.40 but cash has a funny way of not going back in at the right time.  Then you chase because you are frustrated.  I practise buy low and ride the dips out. Tree shaking is great but almost all short term traders go broke in the long run.