FDM 0.00% 1.1¢ freedom oil and gas ltd

Hi Vaza - My son got off a "dog" stock that he lost money on and...

  1. 493 Posts.
    Hi Vaza - My son got off a "dog" stock that he lost money on and asked me where to put his money for a couple of months. I said you can't go too far wrong with MAD. Actually it was a debate between MAD and PCL. I am guessing he will make 30 - 40% but how long is a piece of string.

    The stocks are trending up and do not look like they will turn around.

    If you want to play with the "big boys" put your money in but I also would do a "stop loss" i.e. say you buy at $.80 cents and it drops back to say $.70 cents cut and run.

    My advice is protect your profits at all times.

    P.S. I am not an expert, my son didn't listen to me when I said sell the "dog" a few months ago..........Sometimes a little "hurt" money is a valuable lesson.

 
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