TPL 0.00% 0.3¢ tpl corporation limited

mongolian aquisition, page-87

  1. 24,192 Posts.
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    Cuppa..

    Pls be my guest and take a position and a big one if you have the risk capital to play with...you have my blessing. ...Best of Luck.

    I have merely pointed out that they have not announced anything ..and may never announce anything further RE Mongolia acquisitions. Unless there is a leak this rally is supported by nothing more than thin air and the higher it goes the thinner the air that supports it ...caveat emptor, greater fool theory...etc etc

    Peronally I have been burnt more often than not by such "air" supported rallies and I've seen hundreds of them. My philosophy is to now wait for the news then if I deem it good enough enter and there is plenty of time to enter afterwards and still make a killing... Simply I protect my captial at all costs ...just my trading guide which has been hugely successful thus far.

    So for those beginners out there I say don't enter any spike unless there is a solid story to back up the current M.cap unless of course your threshold to financial pain is high or you are a long term investor. If you can't help yourself then take a small position and run a real time (ie intraday not EOD) tight trailing stop of some kind. Preferable that it automated, quickly executed, reliable and not visible to anyone who could have a vested interest.

    Until they ann something there is no story.

    As I said earlier it is interesting to watch the same patterns repeat over and over...the more experienced investors will profit from this predictable behavior.

    All is IMHO, DYOR





 
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