Katanga Mining Ltd Ord KATFF

When Should You Take Profit in Katanga Mining Ltd. (TSX:KAT)

[Garfields]

https://www.fool.ca/2018/06/13/when-should-you-take-profit-in-katanga-mining-ltd-tsxkat/

[internalaudit]

When should you take profit? If you’d bought the stock at about $1 for a trade, you might be itching to take profit. The appreciation of 31% in about three weeks is not too shabby at all. Looking at the technical chart, there’s still room for the stock to go higher. However, I wouldn’t penalize anyone who chooses to take profit, as no one knows what’s going to happen in the future, especially to

[Telmelcel]

TA FOR DUMMIES A POWERFUL SKYROCKETTING LEG will very often result in extremely bullish FLAG.  I will leave it alone. 

[internalaudit]

Can you post here on SH when you start selling?  I'm no technician but of course, I'd like to let my profits run until such time that they stall in the medium term.

[topdop]

Also for dummies @Telmelcel The lesson of waiting for all the obvious next catalysts... Look at the reaction here to just one of 3 issues KAT's faced since we hit $2.85 and anyone with half a brain should get my drift... I know Traders will trade anyway... but speaking personally, I'm here having bullt up a nice +300k share position over the past 15 months expecting to TO SEE MUCH

[Sogosohubidu201]

We will see $10 for KAT in 2020 when KAT will make over $1 per share of net earning. A PE=10 multiple should give $10 price target in 2020.

[Sogosohubidu201]

Nothing wrong to take profit. One bird in hand is better than two birds in the bush. But the bush is covered by net. So, likely, the two birds could be caught.

[internalaudit]

What is your strategy?  Will you sell half when you hit 100% return?

[Sogosohubidu201]

It is dependent on which stock, the rewards and risks. Usually I will sell half to recover my invested money and let the other half run. KAT is special, one of the lifetime opportunities - big potential with very limited risk from now on. I will not sell half even I have 100% gain now.

[internalaudit]

At $4.50/share, we will just slighly go over WEED's market cap lol and how much revenue does that mj company do?  

[greenpasture1]

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