Perhaps we all need to discipline our selves to a new way of trading and adapt to new trading strategies. Getting 5 10 15 20 bags on a stock my require multiple entry and exit points on the same stock, if this hard to accomplish feat is to be realised. Problem for me is you loose the 50% capital gains discount on a 12 month hold and then need to some how pick the high and the low and remove emotion from the game. Complicated this high risk exploration gamble. In addition you need to be able to accurately estimate the vale of DREs discoveries and predict the upside value of any further drilling programs is a MC of 500 m fair or is 90 m closer to the mark can the company hit 1 billion MC or more. Then there's the IF ONLY MOMENT i should have sold i should should have bought i should have hung on one more month. If only i had bought WA1 at 30 c or CSL 30 years ago or CBA when it listed and on and on it goes. Na stuff that im personally going to sit hold and ride out this very negative market sentiment and see what this enthusiastic team can deliver win loose or draw.
DRE Price at posting:
2.7¢ Sentiment: Buy Disclosure: Held
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