I wouldnt say outright that you cant make money holding on to stocks like AGO. All depends on how much you invest and what yr entry point was. If you got in at 1cent and invested 20K thats a 250% return or 50k profit. Not bad for 4 months work..
When you get in on the low you can ride the fluctuations better. All in all you have to have a lot of patience to trade like this so not fot everyone - long term trading.
That being said you can also make short gains in the way that you describe thats for sure.
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