GREY:VMSTF - Post by User
Comment by
Piranha7on Apr 10, 2009 11:56am
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Post# 15910408
RE: RE: RE: copper breaks $2.00 eom
RE: RE: RE: copper breaks $2.00 eomof course if you bought at the highs and now sitting on a loss, VMS is not the best investment. you bought at the wrong time at the wrong price, it was a bad investment. as for new guys buying in at these prices, this could be a profitable play.
What i don't understand is why people keep on holding on to losing companies in their portfolios. once a stock goes below 15-20% your average entry point just sell it and move on, it is better for your financial wealth, health and sanity.
P.S. a lot of analysts were bullish on copper during Calgary Resource Conference two weeks ago, though they don't expect it to go above a $2.5.
cheers!!!