Topic: Middle tier miner securities is bad idea? (Read 847 times)
And that's why we have 35% of all our profits are being put towards expansion.
The mining companies have to continually add more equipment to not lose value.
Are they stocks or bonds? Do the companies have growth plans if not, then of course they will shrink in profit and worth. I would stick to companies that offer shares with a growth plan. The thing is as more people mine they are getting squeezed out of the "Market". They need to add there mining size in order to either sustain the same return rate or grow it.
I own a couple of middle tiner miner securities (and also was once the biggest investor of DISHWARA for those that remember).
I noticed that although they all give dividends steadly, the value is dropping... quite fast actually... Some lost 30% of their value in one month, also all of them have volume too low, making "quitting" them too hard.
So, it is utterly bad idea what I did?
It pays to jump dump it all at massive loss? (since to dump it, it means shaving off more 30% of their original value sometimes, making the total drop 60% when I sell my last share), or just hang in there, take the dividends and invest in something else?
Or hope that reinvesting the dividends will improve those companies somehow?
I noticed that although they all give dividends steadly, the value is dropping... quite fast actually... Some lost 30% of their value in one month, also all of them have volume too low, making "quitting" them too hard.
So, it is utterly bad idea what I did?
It pays to jump dump it all at massive loss? (since to dump it, it means shaving off more 30% of their original value sometimes, making the total drop 60% when I sell my last share), or just hang in there, take the dividends and invest in something else?
Or hope that reinvesting the dividends will improve those companies somehow?
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