GREY:RIOAF - Post by User
Post by
toietmoion Feb 07, 2011 2:59pm
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Post# 18088564
Looking for good reasons to keep this puppy...
Looking for good reasons to keep this puppy...I need some convincing. Give me you best pitch as to why RIO still has considerable room to grow,
In the recent past I have sold all my shares when Bankers Pete when they hit the $6.80 mark. My reasoning is that it is much harder to double the share price at that level than when it was at $2. I also sold half my XEL shares for the same reason. All this to buy more hopefuls like Brownstone, Bacanora, Skywest, Bengal, etc...
Now I am askng the same qustions about my holdings in TAG Oil and Rio Alto. I bought RIO at 44¢. So I am thinking of selling at least part of my position. Any thoughts?