TSXV:ABS.H - Post by User
Comment by
vcomtechon Jun 21, 2006 8:28am
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Post# 11014761
RE: Lets put it this way ....
RE: Lets put it this way ....I agree 100%!!!!!!!!!! I did sell 10k already, and will hold out until all the drilling is done on Morton before I sell the rest. I got burned on the last stock I owned because I "fell in love" with the prospects. I onwed shares in UNB.V. Bought at $.18, out at $.25, then back in at $.265, rode the stock all the way up to $.67, thinking it would continue climbing, I held(big mistake).....I watched the stock fall back to 50 cents, then 40, then finally I dicided to sell at $.315. I could have made over 10k in profit, but took significantly less because I loved the stock and thought it was the greatest.
I am going to do what everyone else is, wait until the big news, let the stock run up on the day of the NR, then sell the following day. Even if the stock keeps rising after, its still better to walk away and take profits rather than giving them back to the daytraders and qucik flippers.
Cheers!!!