RE: RE: RE: TRM interviewVery good post. and thankyou I need to not be such an goof on my trades just because I've made some $ lately. But good for me I am a survivor but no fool. There has been substantial trades. People don't trade $10 20 30k at a time on venture at this volume everyday. Why do I get the strong feeling that this is getting milked and played by pros on collusive bidding. With that admission I'd like to add, If you don't mind, that I feel its better to take al loss on a venture that turns out to be a promo and an hourly swing trade with a sweetener at the end of the day. twice in a row. than to sit there wondering what the hell is going on with this getting punched down, day after day. So, I escaped without a couple grand that I made on pem this week oh well. If I can't stand the heat I get out of the kitchen.
You are right it is worth leaving a grand in 10 plays but they don't all double or even go up 20 % and at least 25% or 4000.00 loss will occure over 10 grand investment. Thats its. Same here. I bet a lot or real investors have gotten out but excited traders are jumping into the game they will lose.
Coffin gave the heads up on PEM when it was under 10 cents It hit 50 cents twice. Lucky me and got out in the second jump this week. Not at the top either. On the way up.
TO get even I may buy lower here if it develops the same pattern. However it can still drop to 15 cents or less here and not go up at all and drift back down to 10 cents waiting for the next drilling program. I think you won't buy if it keeps boiling down to 15 cents or lower. because..... If the assays are not giving the g per ton and only have rich veins and pockets then this will drop like a rock.I am jumping to a worst case scenario and its may seem unfair to bash, but as I took out 60% of my investment here its fair that I can wear my suspicions on my sleeve for the 40% I have in. Someone please convince me otherwise. THink of it as a board risk assessment gesture of good faith. mm