JAG - Patience always best

JAG plunges into and through the projected support area thus illustrating what the blogger preaches but failed to apply in this case; the importance of patience. Edit (12:02) Well, we report the winners, so here is a loser. 9% loss booked on this latest trade. The reason it is a trade and not an investment is because I don't trust management to get their projections right, as mentioned previously. More and more with these juniors, outside of what I consider core holdings, I think it is a good idea to go for something like the junior index GDXJ at the appropriate time. At least there you mitigate bad management and spread the risk over a bunch of prospects.