Comment by
VENMan on Jul 28, 2020 9:40am
I guess what the news is trying to say is that there is gold on the property and given todays valuation of gold we should be trading much higher. I'm no expert. All IMO! always DYODD!!
Comment by
AuntiePenny2 on Jul 28, 2020 10:47am
I was a little disappointed. I'm holding the majority of my ENDR but I sold a little and switched into another gold play. Check the chart on MAW and you'll understand why just from the chart alone.
Comment by
VENMan on Jul 28, 2020 11:00am
Good luck with your trade in MAW! Won't change what's going to happen here. Best 2 rules to follow with penny stocks: 1. Never fall in love with a stock! 2. If you don't take a profit when you can you will have no alternative but to take your loss! Patience here is key! All IMO GLTA and always DYODD!!
Comment by
AuntiePenny2 on Jul 28, 2020 11:11am
Sounds a bit like paraphrasing Bernard Baruch. Bernard Baruch was a stock trader active in the 50's who once said "I made a fortune in the stock market by selling too soon.". Not bad, eh? GL
Comment by
VENMan on Jul 28, 2020 11:20am
Yup! Bernard was right! Ask yourself, would I rather kick myself for selling to soon, or for taking a loss? It's interesting with a profit you can take it or leave it on the table, but if a stock falls below your entry point and never recovers you will take a loss 100%.