Not a bad move at all Namvet, I did a similar move late last year and got out around $11 after getting in way back when it was around $3 before many people had even heard of Karoon. I originally intended to be in for the long haul also, but couldn't resist taking the profits. I knew eventually some bad news would come out (late sept 09) and so I got back in at $8 and am now in the same situation all over again, especially if the results come out tip top! As they are still such a long way from production there is always a chance of a good dip in the overall market and then a chance to get back in at a cheaper price, however picking a good price to sell out is a tough one, I would say the day of a good announcement should get it above $15, then probably climb to around $20 in the following few days as more people jump on board. From there it will just float around I guess with the overall market. Good luck with whatever you decide!
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Open | High | Low | Value | Volume |
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---|---|---|
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1 | 5000 | 1.475 |
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3 | 98145 | 1.465 |
3 | 14250 | 1.460 |
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1.510 | 6000 | 1 |
1.515 | 12750 | 1 |
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