Earlier this week I had opened a long position in Katanga Mining (KAT.TO) for a short term trade. Some earlier posts about KAT.TO . Today, I had sold my position for a 2.5% gain. If I had set my sell target just a bit higher I could have made a 5% gain. However, KAT.TO didn’t behave as I had expected – wrote about my expectations earlier in this post . I am human so I do feel bad that I…
I had a short term position in Katanga Mining Limited (KAT.TO) and I was expecting a boost for this stock based on Tesla’s results. Cobalt is a metal used in electric cars similar to Lithium . Unfortunately for me I didn’t see any sort of gains for KAT.TO correlating to Tesla’s results. I did see a 7% gain in Lithium stocks – in both LAC.TO / LACDF and PE . I own a small position in PE and I just…
I hold many long term positions – I also enjoy doing short term trades. It keeps me engaged . One of the stocks I currently own for a short term trade is Katanga Mining Limied ( KAT.TO ) . I first heard of this company from BNN. At that time I wrote about it and saved it as a ticker I need to do more research on. From the actions I have outlined in that post I have only done one…