2 years from now26 Jan 2019 16:58
I have had many occcasions when I have been up on my investments, when you can see the road ahead and you get on to a share that will be a levered bet to your prediction, but I have never made serious money, the reason being I get nervous on the gains slipping, even though I know there’s more to come, you think, if I lock it in it’s mine, but the time you look at the stock in 2 years time, and you see it 500% higher than when you let go of it, that’s why even the best shares rises go up 100% and pull back 30% as people lock in profits, then rise again another 100% and the cycle repeats, usually with fresh investors, I just know to leave MTL alone for 2 years, it will make any profits of late look tiny, but very few talking today will hold shares purchased at our recent (think we are going bust) lows, those in heavy at this point are confident we are coming out of the ashes, that includes me, 100%, but I pray that I can hold onto my golden opportunity and not get off this ride with emotions letting me down, fear being the culprit, For example, I saw KAZ.L fall from £19 a share when the wheels came of the economy in 2008, I saw them crash to £2.30 a share and I thought, that’s crazy, they will ride this out, copper will always be required, I’m in £20k, they dropped to £2.00 and I thought, oh dear, maybe those selling know something I don’t understand, when the bounced to £2.50 I jumped off with relief, up many hundreds and felt, wow, dodged a bullet, relief, won’t do that again, £20k was too much for my head to handle, but, if I had kept to my initial thoughts, that KAZ.L were big enough to roll with the downturn, and copper was always going to be a fabric of society, then holding would have returned me £140k when the share was bought back all the way to £16.00 in less than a year, lesson learnt, don’t grab little pieces, be patient, believe in your knowledge, your experience, I’m 51 now, much wiser and less trippy about movement in share prices, the cream always floats to the top if you wait, I’m inpatient to find out what’s developed next week, because it’s unclear, hence why we are still hanging around this crazy 1p, but when it’s all clear as we predict, new staff and fresh ideas, finance and a bright future, remrmber this, 100% gains is not a reason to sell, it’s a reason to hold, the market wants a piece of this opportunity, so hold tight, look to see if your cake is cooking, but don’t get spooked on every pull back, that’s how shares rise, some will benefit if they time it perfectly, but most will get left behind, as some here have already, just killing time and hope you all the best next week and beyond, 2 years from now if we mine as designed, 10p plus, keep that thought, it’s realistic and not fantasy, GLA
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