RE:Out at 39.20 MooneymanMat Girl
I hear you - as I have had both good and bad experiences doing this. Like you I have learned not to even try to pick the tops or the bottoms - rather buy when it has reached what I consider "close to the turnaround point" bsed on historical data and sell when the price reaches my target sell price - usually 10% (again based on historical data). When I first bought this, my sell target was "over $40" but got left holding the bag when it didn't quite reached $40 and begin falling again before I could sell. Knowing it should be a safe bet to hold and be patient - I simply waited until we approached $40 again. Itchy finger had me selling early yes, but didn't want to watch it fall before touching $40 again, so I dumped my shares for my easy 10% gain. Past experience has taught me to "leave some money on the table for the next guy". Still think it was a great trade as I did better than 10%. Yes, could have made more if I held but also could of been holding if it, didn't continue to climb. Since then, I have been able to get in and out of Seabridge for another decent gain, so all is well in my books. I do like FNV but can't "fall in love" with any stock. Will be back in again if and when we see below $35 again provided the $$ are free to move around for another 10% gain.
All the best to you and any longs as this stock can only go up long term- not a gold bug, but do see $2000 to $25000 oz gold but not before we see $1100 -1200 oz firs.
Cheers
To the Moon!.