RE:RE:RE:RE:RE:RE:RE:Fidelity Investments in WRN ....When considering what happeded with Western Silver and how it will likely play out with WRN, it is akin to Ebay. For those familiar with that platform, items are bid on with the bidding set to expire at a fixed day and time. You can have a $2,000 item that will, early in the process, be bid at $100. However, near the very end, the true prices are revealed.....at the end of the auction.
Those whining now about how we can't stay above $2 or our price is too low is like those who look at the early bids on Ebay and freak out that the items are going to be given away at fire sale prices. No they won't, you have to be patient and wait until the end.
I don't know when the end will be. We aren't at the end, ergo the prices you see today are not reflective of the final price we will be receiving. There are likely some twists and turns along the way before we get to the end. One can continue to load up on weakness and be patient or you can jump ship and hope to take advantage of opportunity costs and time your entry points to get back in before the final trading halt occurs. But, trying to time the market is a fools game. If need be, take some off the table but leave a goodly amount in that is your core position.