With all due respect, the SP accelerated very quickly Friday and Monday. Most of the LTH felt this was justified, as others have pointed out, it is our opinion that HIO is grossly undervalued. There wasn't much time for the more experienced here to warn newbies of potential short-term losses.
It is the belief of many of the LTHs and other experienced traders that this surge in the SP was initially driven by an orchestrated group in order to produce a tree-shake and that was very effective.
Sure, part of the skill particularly in short to medium term trading is to purchase at the right point and sell at the optimum point. It is impossible to achieve this aim 100% of the time.
If you are a Long Term investor, then it doesn't really matter in the long -term if you bought at not quite the optimum time. The important decision is that you bought in as soon as you felt it was a good long-term investment.
By the end of this year, hopefully your decision will be seen as a good one.
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