RE:RE:Hate to say itTornado69 wrote: NEWBIEVESTOR wrote:
But the volume just isn't coming in. There will be profit taking and this will drop back down to the 0.20's like buddy was saying earlier. Hard to believe with how good the news is!
I'm out at 0.34 made half a penny whoop whoop!
buying on that news and selling for a half a penny profit means your a day trader. No problems with that but most of us who have had positions for the last couple years ain't selling our positions on news like this today. I see a wall at .35 and it's probably institutions trying to buy up as much as possible while they can at cheap prices. I for one was praying it wouldn't open higher than .30 cents but it didn't unfortunetely. I ain't selling or day trading none of my shares yet and can only hope you are right and it does drop below .30 cents. I've owned for years and have always hoped for news like this and always averaged down along the way and just hope for one more dip to load up the final amount before the drilling season.
Hit it and quit it man thats how its done. Something like this is too much of a gamble to go long on. Heard of Ivanhoe? I'd say it's probably the least riskiest explorer/miner with most reward potenial right now.