TSX:MRT.DB.A - Post by User
Comment by
flamingogoldon Jul 09, 2021 3:00pm
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Post# 33522222
RE:RE:RE:Gap filling
RE:RE:RE:Gap fillingAgree totally. Lots of investors these days only looking for the fast money. Who wants to wait a year when you can make the same money with "diamond hands" in a day or week. Unfortunately, playing the fast money works in both directions including getting wiped out. I am perfectly happy holding a deep discounted, under valued stock that pays me to wait for the slow but steady trend back up.
babybunny wrote: This sort of thing is par for the course for deep value plays.
Expect the stock price to bob up and down for an indeterminate time, then pop up to a new level all of a sudden. The leap will often have no discernible cause, and will be so fast that wait-and-see momentum investors will be shut out as they jam the entry door.
Under these circumstances, I am satisfied to buy at a bargain price during the slow times and hold through the bobs. So long as I am confident that the next big move will be up, this is the best way to avoid missing out.
Just my opinion, as always.