Ultimately how you handle AYN depends on your investment/trading agenda and your nerves imo. lol
If I think a stock isn't what I thought it was when I first invested in it or believe something is seriously going wrong/not working out as planned then I'll have no hesitation in getting out.
This has saved me from being wiped out in a lot of stocks that turned out to be paper disasters for investors who "kept the faith," such as TMR which went bust and MUN which crashed from $1.00 to under 10 cents.
However in this generational precious metals bull, which is nowehere near the final panic buying stage, my aim is to make 20, 50, 100 baggers and more.
There is no way I will do that if every time a stock rises strongly I look for a selling point to try and beat an expected correction in price. Not only will I get my timing wrong at times, no matter what the chart tells me, and a stock may keep strongly rising, but when it finally corrects it may still end up sustantially higher than when I sold!
Now I'd like to imagine AYN at US$210 silver - which in real inflation adjusted terms is about US$30 in 1980 dollars - when silver spiked to US$50.
By the way, thinking about silver, what else can you buy using today's dollars that is 75% of what it was in 1980?
Houses certainly aren't 75% of 1980 prices. Nor is food. Nor are our electricity and gas bills. Nor are our wages. But silver is still 75% of what it traded at in 1980.
AYN Price at posting:
7.9¢ Sentiment: Hold Disclosure: Held
