TSXV:EPO.H - Post by User
Post by
Charlie_Chanon Mar 30, 2012 3:25pm
435 Views
Post# 19740468
If you are nervous
If you are nervous If you are skittish about the collapsing shareprice from mid $.40's to the present $.32, I would suggest you bale out now. Looking at the trading and the allowance for daily negative losses from the Hedge Funds who control the shareprice, it looks like the sp could easily move to the 200 day moving average of $.27.
If this scenario unfolds, then you are a nickle ahead if you sell at $.32. However this game has been played a number of times in the past year and I couldn't care less what the shareprice is. I am looking at the future potential of EPO. If I thought for a second that this is poorly managed, or that the commodity will not be in demand when we are in production, or for any # of reasons why I might not look at other juniors on the Venture fund then I would sell all my shares now.
Keep you eyes on the prize and forget the reasons why we are trading at $.32. (Psst its because the traders, Jitney Anonymous etc are making money going a little short). If you are constantly negative about this stock you might do yourself and other a favor by parking your Investment funds elsewhere. I still kinda like it here.