OTCQB:UEXCF - Post by User
Comment by
thiggins4193on Sep 14, 2018 3:35pm
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Post# 28623168
RE:It is hard to stay positive.
RE:It is hard to stay positive.The hardest thing for any investor is buying something when it isn't exciting and I think most if not all of us can still fall victim to this at times. But more novice investors sometimes don't even realize it. I cant count the amount of times that people I know will not buy something such as UEX right now, because there is no interest and it looks beaten down, yet they cant get enough when it is in this example, .25 and rising. So to answer the previous question, the truck I backed up was 20 ton!!! It is still backing up!
GSTbay1060 wrote: During a downturn in a stock you start to question your thesis. With the spot price rising, slowly, which seams to reflect a longer term recovery , I am amazed the sector is not responding in a more positive way. As for UEX is the re-balancing killing you, or you are waiting to pull the trigger. This seams to me like a buying opportunity.
With more demand on the resource and fewer miners at some point the scale must tip. It would be comforting to know when.
I will quote one wise investor “ the market will stay irrational longer than you can stay solvent”
So, don't risk more than you can safely.
But looking at the possible low of .17 or lower it is VERY tempting not to sell the farm, buy more and, wait.
Good luck to all longs
I am enjoying the pain with all of you and, waiting
DYODD