I always considered MYG a loser from day one, and I said so a long time ago, howled down by the usual pack of dreamers at the time.... they're probably still watching MYG and will be for the next 10 years. Your money, your choice as the man says.
I'd never put money on long term losing stocks such as MYG but would be happy to plonk some on currently rising stocks - that's what Jesse Livermore did. Go with the current winners. And he did say he made the most money by 'doing nothing'. Some people interpret that as holding and hoping forever, nah - what he didn't say was that if you are going to 'do nothing' make sure you're holding the right stock.
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