RE: Hard to believe
The market is not right .
The beaten down seniors bounced up following stellar Q3 results. Some traders may shift from seniors to juniors in the near term. It won't take much to pop up 25% in the near term. Tis the season for the juniors to start their winter rally. I bought more recently and am tempted to break my cardinal rule to margin. I remain hopeful that we will see $10/sh before end-Mar, and that depends on two things:
1) broad markets (no Euro mess)
2) good execution (Westfire)
Anyone else buying or selling lately?
Cheers,
dmacd