/biz/ - Business & Finance

>>25098432

He does actually sell his stocks when he considers them to be lost causes. One example of that is Prospero Silver. He holds on to his stocks for a long time because he deeply believes in them from his research, it's not blind optimism. e. g. East Asia Minerals and K92 mining. At one point, he was down 40% on EAS, just like SSE right now. But continued to hold and buy the bottom and made 170% on the former, 280% on the latter. I'm not excessively troubled about SSE, because $5 million tends to be an mcap which is awarded even to a complete shell company, and SSE has several other properties besides Pino. Nothing is priced into the mcap, the stock is completely dead. So that's why I feel comfortable to hold it.