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6,248 Posts.
263
04/09/21
09:13
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Trader mentally vs holder mentally.
Sometimes a small profit is a win.
I wish I held my GNG shares $1.80 but a few good trades in a year makes up for a lot of loss time sitting down and sideways.
MLD is that type of stock. Like you I held it at $1.50 to below $1 then averaged down. Luckily sold into acquisition hype for a profit.
Since then its been trading in and out. Better than holding on to hope for big windfall from MLD.
Good companies seem to make good profits will little capital investment MLD is probably always gonna be mediocre. Big capital low returns.
Compare that with GNG you'll see the difference. But I wouldn't buy GNG now.
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