Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Art of Investing -- Ignore unavailable to you. Want to Upgrade?

To: Sun Tzu who wrote (8738)	9/11/2024 3:09:04 PM
From: sixty2nds	Read Replies (1) \| Respond to of 10536

This Blind Hog will admit to buying my first 1.25 Position from September - December 2021. Average Cost $4.66 The plan was to Sit Still for 3 years, maybe 5... Extract portions of Initial Capital on price spikes up. Hold the remainder for 5 years as the U supply and demand began to balance.. Wanna make God laugh? Tell him ya gotta plan. I thought The Bottom was IN at $1.81 4/28/23 NOPE... Well maybe, but NOT by much. Yesterday's low of $1.86 was NOT fun to observe. In late 2023 early 2024 it became clear the supply deficit was growing. AND The Equities in the sector started south... Why the disconnect? I'd guess the short answer is Weak Hands got shook out. There remains the possibility of Tax Loss Harvesting. BUT News in the sector like today's could more than balance that out. I will post the news after I hit send on this. The reality is... I made a series of 15 purchases since February 20. Yesterday the last 4 purchases were yesterday for 7.5% of the Total Position. AND The Total Position is DOWN 35% Lord knows I detest Javelin Catching. I had retired from the competition. After 4 or 5 nice 1 handed catches. I hear almost all Javelin Catchers get impaled by the 3rd attempt. They use 2 hands. It doesn't work reaching across the body... The Uranium fundamentals were compelling. I signed up for the Old Timers Game. We shall see, 60