TSX:MMP.UN - Post by User
Comment by
spazzmanon Sep 30, 2011 12:08pm
335 Views
Post# 19104245
RE: overdone??
RE: overdone?? My experience with MMP.un since 2009 is it tends to lag the up trend and over sell on the down. Like most Canadian stocks it lacks liquidity due to low volume daily trades. Easy to buy over time, but when you need to exit your position in a hurry it can cost you. Market orders can be a killer, best to use level 2 and pick and chose your orders to avoid sudden wild swings in either direction. Great stock to place $h*t bids on just for this reason. Nice consistent dividend month after month. I don't know where gold is going but I don't mind holding MMP.un while I wait and see. JMHO Happy trading!