what is in storeee for mnm this coming week, page-33

Good fair post ajedge.

My 2 cents worth is 3 part.

1/ Read all company announcements.

2/ Study yearly charts to look at patterns.

3/ Do same with asx and various commodity charts.

This should show you -

1/ The Co and its management are ticking boxes, reaching milestones and advancing as per plan

2/ MNM share price is cyclical and has various highs and lows throughout a 12 month period.

3/ The whole asx and most commodity prices are also cyclical and have highs and lows although usually on a smaller scale than speccies.

What does this lead me to think/do?

Try and ride out the lows picking up a few more to average down if I can(even a little helps). Take some profits when I am in front while trying to keep as close an eye on what the Co is up to and their cash position. If you can do this with some success and are prepared to ride the lows you should end up free carried at some point. That is always my aim with my holdings and once achieved the lows are much easier to tolerate.

Currently I am quite happy picking up a few extras here and there in what I believe to be a relatively low point in the cycle(yet to be proven of course).

Golden rule - DYOR and make your own decisions.

All above IMO only.

cheers
B Rubes