GREY:FFLWF - Post by User
Comment by
Slickrick39on Oct 25, 2016 8:11pm
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Post# 25385347
RE:RE:RE:MT vs CGC
RE:RE:RE:MT vs CGCSlickrick39 wrote: Well I thought I was making a very good move when I pulled all out of CGC at 6.85 and went half into MT with the hope of MT raising and CGC falling (hoping the market would correct for the both of them). I also added to my SL holdings at around 1.08 and so far so good with that one.
The problem is I see CGC falling to a reasonable level (for this time in the game where it is right now) and all these other stocks follow CGC so closely. I hate seeing my MT fall down from the 4.15 entry into the mid 3s.
Oh well still made a decent amount. I am long on this sector but I don't have the ability to just sit on a stock I know is over valued and set to fall because IM "LONG"
When I say I made a decent amount its because I feel good about finally making a few trades that made me money not just lost money and gave away shares for free like I have usually done in the past. Im not one to brag online.
I Really appreciate your posts Brent they are realistic and I feel we look for a lot of the same things when investing besides you know a Shlt ton more than me. But a lot of what I have learned about investing has come from things on this site and a lot of it has come from you. You have been given a lot of hate in the early days of CGC for bashing, but I think its important to look at the things you do. Please keep it up.