RE:Not Trying Anything ReallyYes Argaiv,
These exploration and mining companies can be very frustrating for a trader these days. Nothing is happening for years and months, then they can double in just a few days. Then you don’t want to buy it, because you could have bought it at half price. So you wait for it to drop, but it just keeps going.
I once bought a stock for 12 cents. 30,000 shares. Sold at 15. A few months later,it’s at 24 cents. Well, I’m not going to pay 24, when I had it for 12. It ended up at 9 bucks, and I didn’t own a single share. It was exactly the same as here. Posters complaining, blaming management, venting. Point is, I knew from the fundamentals this other company was solid, but I got distracted by the chart. Charts are useful, but you can’t rely on them exclusively.