But I also sold call options to minimise losses...that is one good thing about this stock....given its volatility, you can make a steady income every week even if it loses in capital value....and if you are with the trend when it starts going up, you would come out ahead.
This technique sort of worked well for me for a few banking stocks and BHP and RIO where I now have a few hundred “free” shares in each. Was hoping for similar result in NCM, but this stock keeps kicking me in the gut every time!
GLTAH
NCM Price at posting:
$19.67 Sentiment: Buy Disclosure: Held
