Yeah they do go up in sympathy with rising S/G but doesn’t do any good if you don’t sell it before it takes it back,
I ran across something on their losses.
They have free Edgar sites but since I haven’t been trading for a couple of years but did hold a steel company and a couple of speculative gold stocks who’s companies were also losing money the rest I sold for profit. Was hoping that gold and the stocks would break through resistance so bought a few stocks and oil to hedge it.
But it didn’t it was sold into wound up the top. I had resistance on Ag at aprox 14:50 and it was sold. So that turned out to be the high.
If your going into it because it goes up when g/s moves that one thing. Holding long is another. With these stocks you not only give it back some never recover.
HL s been around for a long time. I forget how high it went back in the 80s
Hello Mr C
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