LMG 7.32% 3.8¢ latrobe magnesium limited

general discussion, page-400

  1. 596 Posts.
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    Its possible they have dumped and moved on. Unfortunately with spec stocks, day traders are out to make quick money in and out!
    Then you come across punters such as myself who take a long position (verrrry long) and stick through the highs and lows, very occasionaly selling at the top, but ensuring we buy back in, as we understand and appreciate the long term value of this stock.
    Depends what type of investor you are.
    If you are a long term investor (think 5-8 years), then its irrelavent whether you bought in during this weeks highs. In the long term, you will enjoy yourself.
    If you're a day trader or a punter after quick bucks over the next couple of months or so, then you just might be in for a rude shock (note: I said 'might', doesn't have to be the case)
    As someone mentioned earlier on, there will in all probability be a pull back somewhere around 18-Nov as traders dump their stock.
    I'm in it for the long term , kindof a set'n'forget attitude?
 
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