NYSEAM:UEC - Post by User
Comment by
mangoeon Aug 29, 2022 2:11pm
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Post# 34927364
RE:RE:Sold 20,000 already💲
RE:RE:Sold 20,000 already💲invest4fun wrote: Mangoe
Why did you sell??
I have over 100K of UEC, I did not sell all my shares, the best time to sell any stock is when the stock is going up take some profit, these stock always come back down in a deep correction, below where you sold some of your shares.( And then you have lots of option to buy back shares at much cheaper price where you sold, or if the stock is in a deep tax loss correction you can sell your remaining shares, you are way ahead in locking in most of those profits)
10 years of being in the wilderness in that uranium bear market after the accident in Japan has taught me a lesson in investing, your portfolio may look very good in a bullish market, until you sell some of those shares especially on the upside you are more likely to see most of those gain slip away, the key is not to be to greedy where you loose everything, sell small amount on the way up, & when you get these correction you have so much option less stress for your mental health.