NYSEAM:SVLC - Post by User
Comment by
govtauon Feb 04, 2011 2:25pm
394 Views
Post# 18077625
RE: Hard to figure
RE: Hard to figureNever give up!! It is not good to watch the market all day every day too much heartache. What I learned to do was really dig deep in the company that interests you. Actually pick seven competing companies in an industry you know well. Watch them and study them for all summer. Pick the one that sounds like it will make the most return for your money. Wait for down days on the entire exchange to buy if you can and then have a time frame for expecting a return. One reason I picked svl was because of a short time frame compared to others. If silver did go to 50 this year my time frame on svl would change. I would most likely buy a stock in mid summer only because it seems less hyped. And I would most like try to sell in february when there is more hype and lots of people are buying rrsps. But I don`t pretend to know every industry well, mining makes sense to me I come from a mining family although I don`t work in a mine. I know ,stock trading wise better than the industry I do work in. I am very confident we will see bigger gains here just maybe not today, but with 29 silver today something really bad on our ramp up stage would have happen for us to drop back to where I bought in in august 2010.
Good luck
Gov`t Gold