GREY:SWYDF - Post by User
Comment by
CravenRaven101on Aug 04, 2011 9:11am
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Post# 18902622
RE: BIM
RE: BIMIt seems to me in reviewing SWY price history that there's been plenty of opportunity for long time holders, shorters and every ilk of investor to feed off the teet that is SWY... In my opinion ANYONE that buys into a speculative junior prospector like SWY had ought to know better than to employ a buy and hold... and if not then perhaps this is a lesson to them that buy and hold is NOT the best strategy... taking advantage of the highs and averaging down on the lows to reduce your risk and increase potential gains seems to be a no brainer to me...
In the end I guess it is just human nature and a function of demographics that there will always be folks that don't understand risk, and folks that will blame the sunrise for the sh*tty day they had...
The end is nigh folks... By early October SWY WILL be in an overbought scenario BE ready on the trigger... until then averaging down will reduce the share supply...and increase the desperation of the folks looking in from the outside ONCE the good news is public.
It's MY opinion... do your own Diligence...and remember Advice says only ONE thing..."Be more like me" So ask yourself where are YOU getting yours? NOT from me I hope :oP....