SUM 4.44% 23.5¢ summit minerals limited

Ann: Further High Grade Assays increase prospectivity at Equador, page-182

  1. 1,817 Posts.
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    I did and it was triggered at 50c. Not gloating. It’s my usual practice once I’m in a good profit zone to keep adjusting my stop loss triggers up.

    Doesn’t mean I dislike the company at all. It is simply that I know all to well the stick in the spokes of a wheel that the day traders are to the SP. Because I like the company’s potential I find it hard to sell, which is a weakness I identified in myself long ago. In fact most people are better at buying than selling, I’m no exception. The stop loss takes that weakness out of the equation.

    Sometimes I absolutely do miss out on a bigger profit if there’s a cracking announcement while I’m out but at least once I’m in profit I rarely lose that position. Each to their own. I’ll be looking to re-enter once the SP settles. Good luck all. Cheers
 
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