MGU 0.00% 1.1¢ magnum mining and exploration limited

MGUO, page-8

  1. 243 Posts.
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    At the same time, nothing wrong with strategies that maximise returns, if willing to take the risks.
    Somebody who bought at the top and is a believer in the company could have sold on the way down and bought double or more the amount of shares now, than they had before. As well as have a nice capital loss to write off.
    People are so quick to judge others for selling at a loss, but it can actually be a very good strategy in the right circumstances.
 
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