$OCO up 16%
i would rather have a nice steady burn moving up than a sudden jump and fade back..
as for the market being stupid.. i can not disagree..it seems everyone is trying to find a reason not to buy.. first its the legals then its grade..both are fine!
ive seen it tons of times.. no one wants to jump till its late in the game then we will have a flurry of buying..
i started telling people about this situation sub 5 cents.. i was still buying for myself (as i am still buying now) and many didnt get in till we were above .2
i will never understand market psychology or herd mentallity whichever you want to call it
anyhow.. im not at all fussed by grade.. its a massive deposit and worldwide grades are falling fast..there is great value in ST and majors know it
i wasnt fussed by legals either and thats working out fine..once i identified we could not lose and the only risk was time i went in BIG
i thought in the past any buy up to .3 was a good one.. i will be buying it to .5 now as money allows..
there will be a day when its buy at any price .. will you wait?
Source: http://calichebahada.com/2019/04/11/oco-up-16/
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