GREY:HPXRF - Post Discussion
Post by
Analysethis2 on Mar 06, 2012 8:39pm
Lots of volatility
It is times like these where it is time to stock up on HYX. The company has already lined up there line of credit for the year so if borrowing starts to tighten, it will not matter to HYX. You can tell that it is emotional selling and not about the company today (dropping from 1.30 to 1.24) it has already settled down from $1.38 so I think it is just taking a breather before it starts its upward move again. The people who have been buying it at the higher price see this as a nice discount to buy in.
I have been selling some on the big spikes, and then buying back in on the drops. It has proven quite successful. Sold three times at $1.30 so far and then buy back in each time as it drops, and today bought back in in the range of $1.21 to $1.24. I think this is a solid stock though so the risk is not bad if you want to hang in.
Good luck all.
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