RE: Bonker6 May 2016 06:54
I know mate, other than Graysland who shorted POG from £4 IIRC, there were few that made any money out of that - I still remember a nice lady, Mary I think, who'd put a chunk in at £8 and rode it all the way down to nothing, really sad :/
Ultimately, I'm a relatively short-term trader but if you're a longer term investing-type guy/gal then it's the "cycle" you've gotta get right rather than a specific price entry point - there's little doubt in my mind that Dollar-sensitive resource stocks are the way to go at this point in time and even though I think this could still halve from here, there'll likely be profit somewhere down the road for anyone buying in from here on out ...