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Encore Renaissance Resources Corp V.EZ



TSXV:EZ - Post by User

Comment by trendisafriendon Jul 07, 2009 12:18pm
217 Views
Post# 16121527

RE: RE: RE: RE: could see new highs sooner than ex

RE: RE: RE: RE: could see new highs sooner than exSmarter money, will trade this stock, as there is a spread of about 50 percent that one could achieve, and that has happened a few times over the last few weeks. Remember, there is a lot of 3  cent paper from the PP, we are not sure, what they will do with there stock, I would say some has been sold. But as long as volume remains relatively high, then there should be enough buyers to take them out to a degree, however, I believe one can sell and then buy their position back for more shares, increasing their position over time.  I dont think buy and hold is a very good strategy anymore, it may have been a long time ago, but now it is best to be relatively agile with your positions, as small losses can grow into large losses relatively quickly.
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