As Mongolian Mining hits a yearly high, is it too late to buy shares?
As Mongolian Mining hits a yearly high, is it too late to buy shares? 18th Jan by With shares in Mongolian Mining (HKG:975) currently trading close to a 52 week high, a question many on the sidelines probably have is: "was I too late to buy them"? The share price is up by around 24.8% over the past week. On a one-month basis, the Mongolian Mining share price has risen by 51.3%. Will this continue however? We can briefly look at the psychology and research around 52-week highs. 52 week highs are always good news. But, surprisingly, research shows investors become hesitant...