just a pause before a further rise, page-4

Any softness in the stock at this point is reason to top up in my view...

Certainly not reason for fear...or worse, giving up a position in a decent stock for the sake of a few ticks?

Point chasers will always do just that...just like they did when the stock stalled at 5c...and 7c...and 9c...and 11c...and 16c...and...

Look away...or sell out...but "trading" a stock like MPO is playing against the odds!

lol...having said that, I have traded this numerous times along the way...but really just the edges for relative pocket money...and have always maintained a core position.

This stock is investment grade, albeit it of a speculative nature, but until recently has provided decent leverage potential for those up to the task of trading the swings.

The "probabilty" benefit of doing so now however is rapidly diminishing...far too much money coming in to the sector to expect signifcant retraces for a while now...certainly not an attractive proposition for a serius trader.

Anyway...as I have said all the way from 4.5c...come back in 6 months (lol...not long really) and you will wonder what all the fuss was about.

Cheers!