My 'tight stops and wait for results' was more HOLD with tight stops, and wait for results. Take profits at your comfort level.
Don't be TOO greedy, and don't have unrealistic expectations.
Listen to both sides of a story.
Having been burnt on Para#1, many of us are hoping this is going to produce different end results, but you're not seeing it pushed up to a sollar on a whiff of gas and lots of tooting - the market is being ultra cautious, and I think that's very sensible.
Should the gas numbers substantiate a commercial producing well, and a plan with dates to put it into production, then it may be a different story - but in the meantime, I just take each ann as it comes. While they're positive, I'll continue to hold and raise my trailing stop.
We don't want to see big money lost - so if people buying in at each level all set their stops accordingly, at least there won't be BIG losers like we saw last time. (Yes, I was one....)
I talk to Sue12 offline when I want to. He's knowledgable in the industry and not in the same state as niban.
It pays to listen to people who know about the management as well as the processes involved.
Now sit back with your holdings and wait for deeper news!
Don't let other people make your trading decisions. Set your target and make your own decisions.
If you can't take both sides of the story, you need to sell, or stop reading! (To no one in particular - just seeing the threads going off hte rails needlessly)
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