What is happening with Matrix at the moment made me think of one of my favorite quotes from 'Reminiscences of a Stock Operator.' Whilst this is a book about the legendary speculator Jesse Livermore it contains much great advice for anyone (investors and speculators) with dealings in the stock market.
"It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight! It is no trick at all to be right on the market. You always find lots of early bulls in bull markets and early bears in bear markets. I've known many men who were right at exactly the right time, and began buying or selling stocks when prices were at the very level which should show the greatest profit. And their experience invariably matched mine--that is, they made no real money out of it. Men who can both be right and sit tight are uncommon."
Best Wishes to all.
MCE Price at posting:
$6.07 Sentiment: Buy Disclosure: Held
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