I don't mind zigzagging. What I hate is that currently my three undervalued Australian mining stocks (Alk*, YTC*, MZM) are all getting shorted down on low volume without good reason at the same time. Why can't shorty at least take turns on them?? I could then move my money around and increase my sharecount. But no, all I can do is wait til Mr. Market gets rational again with at least one of them ... sheesh ... Oh well, if I'm really lucky, Alk gets its mining licence before YTC does, spikes, and I get to buy more YTC at 0,27 ... one can dream, right?
*Alk's SP is covered by liquid assets and its gold project alone - you get the potentially huge DZP for free at current prices.
**MZM's current SP is completely covered by its liquid assets (cash and shares in other comps) - you get the manganese, gold and copper assets for free ...
YTC Price at posting:
30.0¢ Sentiment: Buy Disclosure: Held