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24/12/18
20:51
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Originally posted by Samboy69
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I dont buy on margin ever, I buy in cash using loan equity lines. 100% tax deductible.
I have not bought WSA but in 2017 I correctly called a BUY when it was last time at 2.00
In 2018 I also correctly called a SELL when it went over 3.20 after CBA & an INSTO started selling over 3.00-3.30
Now its back sub 2.00
WSA is an INSTO controlled stock IMHO and is range traded by them~2-4ish every year.
I know this as my exbroker was one of them & recommended me WSA at sub 2.00
So sub 2.00 its in the BUYING ZONE.
If I had a spare $50k instead of kids I would buy WSA
Maybe soon I will have some moolah to invest in this cheap low cost high grade producer
Grade is KING remember!
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SB
At 10% margin in CFD's and regular visits to Rome you don't need much cash to help pay the school fees.
All said and done when nickel hits the sweet spot and BMM get 3.5mt of mills rolling, WSA will just be another player to be played.
RED