Portfolio Update: Recent Sale (February 02, 2017)

by FI Fighter on February 2, 2017

in Precious Metals Updates

Well, sometimes you just wanna get out while the going is still good… In the case of New Gold (NGD), yes, I only just initiated a new position a few days ago @ $2.59/share, but I couldn’t resist today’s opportunity to cash out on some gains.

I closed out my NGD position, selling all 5,000 shares @ $2.96/share. I booked profits of $1,843.47 in two days.

Seriously, sometimes you just get lucky, so I’m not gonna ask too many questions… Like I mentioned earlier this week, I think I’m going to try and take a more conservative approach towards playing these mining shares this year… When I’m in good profits, man, just sell and don’t get too greedy…

 

What’s done is done…

 

Moving on now…

 

Fight On!

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{ 2 comments… read them below or add one }

1 BowmanNo Gravatar February 2, 2017 at 2:02 pm

Thanks for sharing, it’s good to have you back posting again. I also did some trimming in my holdings of B2Gold and Bear Creek Mining – with nice profits. I feel a lot more comfortable after securing the profits and with the remaining positions I can try to “reach for the highs” with peace and tranquility. 🙂

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2 FI FighterNo Gravatar February 2, 2017 at 4:14 pm

Bowman,

Wow, congrats on those nice profits! Glad you took a “free ride” which is the best and easiest way to play mining stocks — Complete peace of mind and tranquility like you mentioned…

Until the profits get too large again 😉

Those picks were exceptional ones, congrats again!

All the best!

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