PXG 0.00% 15.0¢ phoenix gold limited

A good post loki01 and you hit the nail on the head with,"only I...

  1. 518 Posts.
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    A good post loki01 and you hit the nail on the head with,
    "only I am responsible for buying at the price I entered".

    This applies to all stocks and like many I am holding some that are greatly underperforming. Who do I blame? In the majority of cases there is no-one else to blame but myself.

    I realise I am at the mercy of the big end of town and can but hope to buy somewhere near the bottom or a what I think is fair value and then sell for a profit. Sounds so simple, yet when greed, if only, fear, should have etc become involved it isn't so simple.

    With PXG I am slighly behind after converting all my options. This meant selling off some other holdings to ensure I did not let one single option go to Patersons.

    I initially went into the options to make a very quick dollar but was too greedy to take a smaller profit. After further research and some mathematical calculations I now truly believe PXG will deliver in the near future and then I will be smiling.
    It is my belief that once the options are out of the way the SP will be more indicative of what good resouces and management PXG has.
 
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Currently unlisted public company.

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