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20/10/24
12:02
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Originally posted by borano:
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So many on here say they’re in WHC for the long term. Many are of the belief it will go to $8, $9, $18 etc etc. I can assure you it’s not going there anytime soon. Not this year that’s for certain. Some here are sitting on 5-7 baggers and they’re long termers yet watch this stock all day, if not, most of the day. I don’t see the point in watching the stock only to see it go up and go down unless you are trading it. Seeing it go down whether you are short term or long term holder brings mixed emotions depending if it goes up or down. The volatility in the coal price indicates it is a trading stock either short or long. Even if coal begins an uptrend it will still be a trading stock. The spreads during a day, few days etc indicates that WHC can deliver short term profits as well as dividends. Long term holders only get dividends. The price targets that many believe it will go to gives investors opportunities to lock in profits. So what if it goes up a dollar if it’s going to get to $20.00. Buy it again.
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The other thing to consider also with the trade path is the CGT each time one exits and getting the timing right.