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Strategies & Market Trends : Canadian Junior Resource Roundup -- Ignore unavailable to you. Want to Upgrade?


To: ayeyou who wrote (2476)8/10/2017 11:37:44 AM
From: madmax123  Read Replies (1) | Respond to of 4478
 
I don't think anybody on earth could call you a dumb ass, so don't worry about that too much! Agreed though, it is less fun to watch a run you're not fully participating in, but more often than not profit taking is the right move.

Watching the action, it seems like anonymous is hugely on the buy which I think is more encouraging than if it was just primarily retail houses. Regardless, it's an exciting day.



To: ayeyou who wrote (2476)8/10/2017 3:30:12 PM
From: ogi1 Recommendation

Recommended By
downandout

  Read Replies (2) | Respond to of 4478
 
As you have so well said, taking profit on the way up is a good strategy, particularly when you keep a core for a hand still in for the good move. Considering the many plays you get in to I expect you have saved yourself more doing this than you have missed out on with today's GTT move.

Since I bought at the market open on the day the first drill news came out Gtt has felt stronger geologically than most feverish spec runs.After selling that 1/3 @1.28 Mon, I then doubled my position between 1.16 and 1.21 . Maybe greed is getting the better of me, don't know what is in those cores they have in waiting but it feels good here and my cost basis is low enough I think I want to ride this position in to the news.