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Yellow Media Inc T.YLO



TSX:YLO - Post by User

Bullboard Posts
Comment by markvrdon Nov 18, 2011 11:45am
220 Views
Post# 19248779

RE: RE: RE: RE: RE: RE: RE: RE: 3 Positive comment

RE: RE: RE: RE: RE: RE: RE: RE: 3 Positive commentI not only bought then but I also bought higher at 94 cents and at 4 different price points over 50 cents in total.   However, it was the buy at 13-14 that I also announced when it happened that balanced that off and puts me in profitable territory right now.   I have not played it perfectly because I probably should, in retrospect, have sold a bunch at 60 cents instead of 37 to 40 cents and made a bigger profit.   However, hindsight is always 20-20 and anyone, even you it would seem, can pick off the optimal buy and sell points after the fact.

Yes, the half of my position that I did not sell has dropped in value in the past couple of weeks.   My gains were aroudn 20K and now they have eroded to 10K.   However, the transaction as a whole, is not closed until I actually sell.  
There is no reason why this won't go to 60 cents and higher again.   I'm actually going to buy at 26 today if I can.
Bullboard Posts