Cracking day with BLZ. Few days actually.
Exited today though. Not overly keen on O/N holds and have been doing a bit too much on a number of stocks lately. Whilst most have been fairly profitable the next morning, I just feel my luck might change soon.
I thought @Mundo122 raised some pretty good points this afternoon regarding BLZ. It is just hype at the moment. No drills in the ground although rumored to be occurring within a month. Possibility of gold price cooling a bit from its parabolic trajectory all add up to a bit more risk than I'm willing to cope with or need to take on at the moment.
Certainly a stock to keep an eye on considering the location. Will keep an eye out for a pullback from this current SP.
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- Day Trader’s Aftermarket Lounge 27 July 2020
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