MOY 0.00% 5.1¢ millennium minerals limited

Last week when MOY was in the 30c s, I had a dilemma: I think...

  1. 15 Posts.
    Last week when MOY was in the 30c s, I had a dilemma: I think the gold price might drop heavily, then come back up in the 1st quarter 2017. So should I sold my MOY and buy back at a lower price?

    I struggled for a long time, then decided to hold most of it.

    The reason is, market timing is a hard thing. I might miss the chance to buy it back. Or I might lose confidence in the low. Then I would sell a stock that worth 40c or 50c now (in my opinion) for 30c.

    So I sold my other gold stocks, reduced 30% of my MOY holdings. And I will only sell my rest MOY at more than 50c.

    Still learning!
 
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