I purchased a gold mining stock (OR) back in October. It’s up 30 percent since the initial purchase. I bought this with no real “plan” except that I thought the company had growth potential and gold is, arguably, a decent hedge against a deflating dollar. So, what should I do? Stay long? Take some profits off the top? Sell outright and wait for another dip and buy? I will say that this stock has been pretty volatile. It will go up 2.5 percent one day, down 1.8 percent the next, and back up .8 percent the next.
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