Deploying More CapitalI predict increasing volatility in the weeks before Q3. Today's trading was indicative of what is likely to continue... sporadic rather than orderly trading in volumes. Lucky for me, some of my uranium plays have panned out nicely the past few trading sessions and I solidified some nice gains... I quickly re-deployed the capital and today I picked up more CXV at 0.115.
I've seen money managers patiently wait and accumulate at the lows or during a sustained low'ish period... we've been range bound for a while now. I've also seen them deploy capital in one fell swoop [before or after news], igniting a burst in market activity and a spike in share price. Suddenly a new floor is established and set where others previously perceived a top... those sitting on their cash hoping for another 0.005 break, meet the reality of their indecision and watch helplessly they miss the rocket launch [which they foresaw, but failed to board]. Then comes the sting of regret for not having purchased those shares in what now, hindsight, seemed like a no-brainier.
Don't be that guy or gal! It's no fun.
There are few guarantees in life. My outlook was just as optimistic when we were falling from .30's, through .20's, and the teens. Incredibly, there's been little material change for the company and the developments through the last 4-5 quarters (while poorly communicated) simply reinforce my optimism and creates greater opportunity going forward.
As always, dyodd. Good luck all.
Esther