PER 2.86% 7.2¢ percheron therapeutics limited

classic textbook trading

  1. 12,409 Posts.
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    Sp went up because of released news and the anticipation of what is to come before the end of 2011.

    As ANP has been overrun with traders and those who wanted to have a holding before the next jump sp went up. Now sp has settled at 1.6c and from here we will see movements up and down around that mark. Volume will be lower and impatient traders provide those with LT ambitions a lower entry. OBJ and PRR are perfect examples for it.

    I just hold 200k shares as a core and use the swings to my advantage because of my research I am convinced that the results will be excellent and the sp will go much higher in 2012. Time to accumulate by trading the ups and downs, that what will make a huge difference in the LT. Of course it only works with a stock that has huge potential. But that has already been established.

    Let them sell, wait a few days, then buy. That's the way to make money.
 
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