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Canadian Helicopters Group Inc T.CHL.A



TSX:CHL.A - Post by User

Comment by uchuckon May 24, 2012 12:29pm
151 Views
Post# 19942225

RE:Buying "shooting Stars" Is Perilous, Pt. II

RE:Buying "shooting Stars" Is Perilous, Pt. II

Look, all I'm saying is that the Oct. 2011 buy-ins @ $21.00 are, to-day, May, 24th, looking at a 50% profit, "sound fundamentals" or not. Many of us are program traders..we don't care what the "rosy outlook" is, we're out at, say, 50%, or whatever sell price target you set. What's wrong with "targets" is not recognizing a recent  "lo" price that will propel the early buy-ins to head for the exit doors. This (premature) selling dilutes chances of higher and higher share prices. You're welcome.

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