If you follow my posts you will see I get out the same way I got in, it is all nickel and dime. You are right if TC keep dropping until it hit zero then I am broke. However, if TC rebounce from the low then I will start selling and get my money back.
one dime at a time for rent money.
ALU under 1,BAC under 5 and S around 2. I guess the same type are selling TC under 1 now. I am convinced TC enter oversold area at this level... For the long term view, I really believe TC will be taken over before BK. If I am wrong then no early retirement and if I am right I will be able to move out of my trailer park and retire early.
my long positions average is 1.69 and I was started buying with my retirement account when TC went below 1.90 last DEC. My trading account on the other hand have been wave trading TC for 3 years now. Sum it up, my TC long positions suck while my trading account keep milking TC.
My longs position stay put until self turn around or buy out. My trade position start with 10k at 1.19 and another 10 k at 1.10 and today 20 k at 1.00. I will start dumping my trade position for a nickel or a dime for milk money.
So load up folks, don't miss this wave
If thing are rosy TC pps won't trade this way, so place your bet or move on to a safer one. I still think I can get at least 2 buck out of TC so I am double down on this one.
for the time being, I am only looking for nickel and dime on these shares. Long term prospect just getting longer after q1 flop unless a buy out happen.
For TC to get back to 15 moly need to be back in play or gold and copper hit a high note of 1600 and 4. So it is possible within three years.