TSX:SGR.UN - Post by User
Comment by
TedOwenson May 28, 2013 9:21pm
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Post# 21453671
RE: Hope you didn't miss the 69% POP since Thursda
RE: Hope you didn't miss the 69% POP since Thursda A pop of this significance is very impressive indeed so if your one of the contrarian types who was sitting on the fence and looked at the shinking share price trend as a buying opportunity you just doubled your money. Of important mention is that these types of share price pop ups and generally created by institutional entities looking to recoup and the large volume suggests this clearly. Once the buyback is over thought expect the price to pull back so in this sence, at this point in time "take the money and run". In the long run though, and it may take a while, Bill Harris and his 20 dollar stock projection will be very much possible should the ongoing rumors about little brother SGX Resources come to fruition..........