Bridge Resources Corp V.BUK

Outlook

[kimchipower]

I sold my entire position early last week. Nothing significant -lost a few hundred bucks. By the volume that this is trading at, news does not look like it's on the way in the short term. Waiting for news was an Opportunity Cost for me. There are better plays out there.I still hold some PXM. If it moves above 7 cents on significant volume I'll reconsider getting in but until then this is dead money. Anyway best of luck to everyone who still holds. Cheers

[cottager97]

That an interesting play...sell low at a loss and buy back in at 60% higher at a later date..Ben Bernanke school of investing?I agree the ones a crap shoot,but selling at a loss while waiting for news seems very puzzling.Myself ,I have a stop loss in place and not much at stake here as the risk is over the top..if news is not forthcoming soon,or is not very positive this will fall like a stone and

[kimchipower]

I had to comment on this post even though I'm no longer a shareholder, because I think my investing style is misunderstood. This will be my last post on this board unless I get back in. I will be happy for all you longs if this thing gets going. By selling at a loss stocks that are stagnating, I get to invest in stocks that actually have momentum. Check out my favourite plays (CPN.to and ORV