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19:07
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Originally posted by Humphrey2017
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Hi all,GOOD NEWS... Do not trade on emotion. understand the Fundamentals of the company and the business.pro-OGX and will defend and shout out the pros of this company from the top of the roof... I do not flip and flop from one stock to the next - this is my stock and I have seen the highs of 30 cents and the desperate lows of 2 cents.... I have done my research and I will back the new BOD until our Chairman Smokin Joe Pinto, CEO Jeremey 'show me the money' Gray and COO Richard 'Goldfinger' Crew get their big fat bonuses at 5000 ounces of gold per month. up ramping and sudden down ramping from passive-aggressive 'day traders' or 'short term traders' - these guys are easy to spot and will flip flop with the sentiment of their posts feeding on two main emotions from investors - 'fear' and 'greed'... you must understand that they are flowing with the emotions of shareholders pushing the price up when everyone is greedy and pushing the price down when everyone is fearful...small investment (ie around $5000) making say a 10% daily profit of about $500 ($2500 a week) not bad for doing nothing more than playing with inexperienced peoples emotions... do not fall for the emotional ramping. this is not a get rich scheme - this is an investment.REAL gold mining company , people work there, there are real challenges, there is a big hole in the ground where guys are blasting ore that is then transported to a big machine that crushes the rock and produces a 5000 year old tradeable commodity -gold . This is not just some numbers on a piece of paper or a game on your computer.
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This is a company not a sporting team. Invest/trade whatever with eyes wide open and plans in place. Buy, hold and hope is not an investment or trading strategy. There’s no reward for doggedly holding onto a stock from 30c down to 2c and back up again (or to suspension and delisting) while bleating on about its long term merits. There’s nothing wrong with taking profits and nothing wrong with cutting losses. Having entry and exit plans based on both positive and negative outcomes either technical, fundamental or both is actually a sound idea.
