Short Term Trading Week Starting: 12 Mar, page-244

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peejayhercules

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16/03/18

16:14

Post #: 31813231
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Originally posted by lifeguard22 ↑

Hey George. I’m pretty much on the same page as PJ. I think the only major difference relates to his ‘ugly fella’ comment: I am much better looking (especially from a distance).

It’s going to come down to your risk profile. I will hold AGY until at least the results are announced as I think they’ll pull it off in the timeframe given. Past the BG LCE announcement... not sure. There’s the potential for an OT partner to be signed right before or soon after then, so you’ll have to be careful about your exit so as to not punch yourself for missing the spike.

Just a note to put this in perspective: in my portfolio AGY is the only ‘speculative’ (I still regard it as that) stock I hold. If I was to go full conservative, I’d pull the money across to (in this sector) PLS, KDR, or TAW to take advantage of their predictability (and size, and other ninja factors). I’d even consider a rebalance to AVZ as, at the very least, they’ve got a close-to-guaranteed ‘worlds biggest resource’ and an exciting, but also more predictable future ahead.

So in summary: Gauge it according to your risk profile. You have the humility to seek the assistance of others, so the wisdom to make the right decision will shortly follow.

Best of luck with it.

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Speaking of the world's largest ... what just happened to AVZ?

XAO Value at posting: 6,055.8
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Short Term Trading Week Starting: 12 Mar, page-244

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