my thinking is to try to look out a couple of years into the future; day traders look a day or week into the future; Mr Market I am told looks 6 months into the future; both day traders and Mr Market are pip traders; they try to win no matter what just by front running all
re MGV.... a day trader or Mr Market will not consider
- what will POG be in 2 years - will MGV find more oz... more GOOD oz - will EVN JV be a plus or a minus
All these events are over 6 months away; but if they all turn up positive the share will rocket (and day trader and Mr Market will be trying to profit on the pip between 90 cents and 91 cents)
But it is painful to watch a share do what it does in the very short term.
MGV Price at posting:
35.5¢ Sentiment: Buy Disclosure: Held
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