I take your point but please consider this.OXR is undoubtedly the greatest trading stock on the market so why wouldn't you trade it? Your returns would be far superior if you traded it also whilst accumulating.
I believe that in this market that you don't need to buy into runs in stocks even if the fundamentals are excellent. The reason Yak is that profit takers do exist!!!!!!
It is quite common to see traders take 5% profits and then dump stocks. Undermines the real value but who cares when you are trading big numbers?
Even with long term holdings there are opportunities to profit, trade the stock and re-enter at a lower price. It multiplies your returns so why wouldn't you? Made 3 times the money out of MAP trading the cycles.
Problem is the profit takers are getting it so wrong lately and they are paying the price.
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