Beaufield Resources Inc. BFDRF

Big Sell off at close?

[h52wilson]

I'm not in this one.  Was regretting not getting in yesteday but am glad today that I didn't because I would have been late to the party and would have lost money today. I've watched the trades today and think it's held up pretty well considering.  It was expected that there would be proft taking after yesterday's rise, plus it's a Friday, plus it's a new month.  All of this would have reflected into the share price today even without the clarification, which I assume the exchange required after yesterday's meteoric rise.  I wouldn't necessarily blame management for any of this.  The NR yesterday seemed to be an honest one but many jumped to their own conclusions.  Many probably didn't even read it but were drawn into the momentum play.  I was in a play a few years ago (GGL.v) which soared from about .20 to over 1.50 in a day.  I don't think the volume was anything like BFD yesterday but it climbed all day with everyone buying anything they could get their hands on.  Some diamonds had been found and everyone was sure it would be a huge success.  I got out that day with a substantial profit and made the mistake of buying back in the next day when it dipped.  I still hold the stock as a reminder.  Today it's at .04. 

I'll keep my eyes on this one and maybe get into it when the dust settles.  There will probably be some interest for a while and maybe another good NR will send it back up even higher.  Good luck to all but go in with eyes open.