DNK 0.00% 31.7¢ danakali limited

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  1. 220 Posts.
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    At nearly 50 cents it's more than double. It's on paper so it's not a matter of being 'satisfied'. But it's more than I'd get in the bank and better than losing money, plus it's part of a portfolio. Companies like this often don't go up in a straight line. It's paid off well in other stocks, being patient, eg AVG, EOS, LYC.

    Brucey's reasoning is I would have been better off trading as other stocks have gone up quickly. But that is only possible in hindsight. 80% of day traders don't make money. They have to take bigger risks to boost returns. One bad trade can wipe out a year of gains.
 
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