GREY:PGDIF - Post by User
Comment by
ekimon Aug 09, 2017 4:53pm
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Post# 26563131
RE:RE:RE:RE:RE:RE:RE:RE:RE:what are the next steps after drilling results ?
RE:RE:RE:RE:RE:RE:RE:RE:RE:what are the next steps after drilling results ?Trading the stock?
Who knows over the next 1 to 6 months...too fuzzy.
In the next 2 weeks? Easy.
Buy the stock today for 14 pennies and immediately put a sell order for 18 pennies that expires in 2 weeks.
If the sell order expires unfilled..then sell immediately at market for a a breakeven or loss or a slight gain and call it a day.
PGD and even KZD in January have had relief rallies after each rights offerings.
The chance that it will happen here is probably worth a 30% upside trade.
I cannot complain to anyone who may make a bit of coin following the strategy above.
Predicting the stock will go to 30, 40, 50 cents and bounce back to 20 cents and then go to 45 cents and then back to 10 cents and then up to 75 cents...if we knew all that was going to happen..we would all be billionaires.
LONG...PGD
EKIM