Believer Rallies
To better see how to trade this stock if the Vietnam story gets developed is look at the four year history on this stock. it is a classic pattern.
Two runs to .80 cent area before the parabolic move to 1.25 area. Believer rally a few days later to around 1.10 and then the party is over.
If you sold two thirds in the any of the three rallies and then got caught with the last third and finally dumped at your original cost lets say the 20 to 30 cent area you were very happy.
It is always easy looking back but I have made lots of money by NOT BELIEVING.
If the stock truly hits and becomes a mine there is always time to get back in but true you will not have 100,000 shares bought at 20 cents now worth $10 and you are buying that nice Porsche. Somehow that never works out.
Watch the offer. When that dries up we may see some good action.