RE:RE:RE:Laughable! Post of the day goes to you NastyHobbitses!
Sounds like you've read Christopher Mayer... I couldn;t agree more with your approach, although I will not be selling anything myself until the story plays out, or changes in a negative way. Until then, I'll keep holding!
Cheers!
NastyHobbitses wrote: Until you don't. Fact is, this is the day-trader's siren song: the goal is to always sell on the pitch, then buy on the dip. Every day-trader attempts to do this, and yet almost all of them bail within months, deep in the red. Some stocks are ideal for this because, a) they possess the volume, b) they possess predictable volatility, and, most important, c) they are relatively event free. PYR is none of these. I've long since stopped swinging stocks that don't satisfy these three criteria. The life transforming money is in finding 100-baggers and sticking with them through thick and thin. You miss enough boats, and you'll begin to see. Its hard to feel good about your fancy shoes when you can't afford to drive.
PYR is a classic coffee-canner: I'll sell a third a 200% to cover my initial costs. I'll reserve half the remainder to make only the most obvious swing plays, like a short squeeze or what have you (I've long since stopped trusting daily action). And the last third will require a crowbar, acid and tick medication to move.