re:psa a good entry again!!
More like the shares that were bought the other day on good news 300000 vol+ are stepping back out as they will have to pay for them .....and causing the price drift as its not a very liquid stock as most know. But hey it works both ways so get used to it as any buyer depth coming through will have it straight back probally Mon and a few dollars for the smart traders. Its a good buy at around dollar as I have regularly said. Learn to trade the highs and lows because if your a long term holder why does a fews cent either way matter as long as your stop loss is not triggered, and for which you would re enter at the right price if the fundamentals remain right. When it runs it will run and the margins between the entrys and exit are quite high just learn to profit from them and not lose.
Sushi said i dont know petsec, well why do i have a holding thats in the money and why has it given me such a good trading profit over the years starting from my first entry at .105c which i sold at 34c and so on for many years. A suggestion for Sushi, sell your Petsec stock and buy something like Westfarmers or better still try this www.abetterdeal.com.au 6% at call, no loss guaranty......... and let us enjoy PSA with its huge potential and associated risk.
Good trading M2u
PSA Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held