Australia's largest stock trading and investment forum Australia's #1 stock forum

MEI

1.02%

9.7¢ meteoric resources nl

General discussion (MEI), page-1396

First 1396 Last

Share
Profile

Follow
mr.robert

189 Posts.

33

03/06/23

14:26

Post #: 68114361
Share

Originally posted by craigasx123: ↑

every trader has got their own formula on how they take their profits even if they know it will go higher and even if they know it's a tier one global project like we got. some people have been in this game for decades and have been burnt from not sticking to their formula of trading so they stick to it no matter what.. it could be they bought at a good price and once they up 200-300% they sell off 15-20% of their shares and once it's higher like 400-600% they sell another 15-20% and so on. it's the longevity in the market that makes you rich and know what picks will make you major money. to be honest I really don't care how many people sell because they're will always be new buyer coming in buying in at a lot higher price then what we bought in at. say they buy in at 0.200 from people that are selling their that bought at 0.020. in my eyes that's awesome because the people that bought in at 0.200 will want to see a 100% atleast profit on this stock which will target the 0.400. so I welcome all new share holders at a lot higher price then what I bought in at because those new share holders will be the ones that won't want to sell until it gets even higher so overall better profits for us early share holders. enjoy the game mate and don't focus on the week to week share price on this stock because we all know it's going a lot higher then this and the new share holders will be the ones helping us to get their by holding onto the shares tighter then the early buyers. congratulations to all share holders i can't wait for the next 1-2 years to come

Expand

Nailed it.

MEI Price at posting: 24.0¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

SNX

Sierra Nevada raises $2M for silver exploration at Blackhawk

NVU

Nanoveu surges 10% after benchmark testing for new AI chip begins

MTH

Mithril's drilling in Mexico picks up silver at 997g/t, gold at 28g/t

IRX

InhaleRX snags $38.5M in funding from VC biotech funder Clendon

M4M

Macro, Norden set up transport solutions initiative for West Pilbara

TLG

Talga Group wins key permit for flagship graphite mine in Sweden

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Week 42 Wrap: HotCopper's top picks; new ASX 200 record; world yawns at war

What's causing the cost-of-living crisis, and how to navigate it

SWP

Swoop lobs $18M offer at microcap telecom Vonex – in which it holds 19.9%