Loading ...Taking My Profit
When I post about a stock I am buying, I will also let you know when I am selling. I recommended WFC back on July 7th, saying that it was a clear example of an inverse H&S bottom, saying to buy under 25. I did. It went a few points lower but turned and is now up near 38. There may be more to go but I am taking my profit here.
Nice call. Good to see someone posting the end of the trade. Thanks.
Your welcome. Most of my posts have been about gold and silver miners and I intend to hold most of them long term. I do have a few other non miner stocks that are getting closer to my sell targets and will be posting when I take my profits on those as well.
Good call, Chartsmaster. I shoulda bought some calls – was sold out to gold/silver, but no more. Wherever there is positive action is where I’m putting money to work these days. Missed the beginning of the commodities run, but in it now, thank heavens. Thanks to Rambus, Northstar, Patrick, Graddhy and some posters here. Lesson learned!!
Excellent trade, Sir CM!
You’re doing great, making good profits on non-PM stocks, while waiting and patiently accumulating the juniors/rocks. I wish you all the very best for your terrific ten! Please do share that list again!
I did the same trading WWR, a resource stock recommended by Northstar, an erstwhile Tenter.
Moreover, I bought the WWR stocks with proceeds and profits from sale of WPM: added very very little cash towards buying WWR.
I bought WPM when I first ventured into “big name” PM stocks after the March 2020 crash. Still wary of the big names, sitting on losses on other big names like SA, NEM etc. KGC is another one on which I have a small profit, not booked yet.
I still hold some of both WPM and WWR.
Bottomline: very very important to keep the profit register ringing in non-PM as well as PM shares, while waiting for the (next) big payday!
02/08/2021 12:33:22 Sold WWR @ 10.8
02/02/2021 12:29:10 Sold WWR @ 7.35
01/11/2021 12:27:08 Sold WPM @ 43.13
12/11/2020 12:38:11 Bought WWR @ 4.8799
12/10/2020 13:21:15 Bought WWR @ 5.235
12/10/2020 13:20:06 Sold WPM @ 40.805
04/09/2020 15:36:26 Bought WPM @ 31.432
GL