RE:RE:Some points of rectification......Love the new handle Golong!
There are many stocks that get into a range and provide trading opportunities (PARTICULARLY IN HINDSIGHT!!!!! LOL). However I remember when another holding of mine Bankers was in the mid $2 level and was stuck in a range and could just not break $3. Looking back I could have bought and sold it many times. Well, one chap on the board who sold his position when the stock finally broke above $3.20 announced to the board that he would be buying it back lower. I can see his point as the darn thing went up and down so darn much he was programed to believe it would be back down. Well that did not happen. The stock continued to break out and is now at $4.61 and he highly regrets he did not hold as his timing was very unfortunate.
I made the same mistake with Cameco very recently. I have held the stock for 2 years patiently (waiting for the sentiment toward the sector to improve) and watched it go up and back down so many times that recently when it broke $21 I sold for a small profit and waited until it came back down to the high teens level to buy it back. Well two years of waiting went down the tubes as the stock was breaking out and now approaching $25 and I had a lot of shares and so I missed out on a ton of gain. Well. all I can say is do not be too greedy and wait too long to buy back in as for instance if A3 is another 10500 boepd and now only six months to Stella, the share price may jump over $3 and stay there until stella production and then just keep on going.
Ithaca is just do darn cheap post Stella and Stella is really not that far away that a sustaining rerating of the stock will happen one of these days.
Good luck