PUR 0.00% 0.3¢ pursuit minerals ltd

PUR's "Julimar Discovery" in Calingiri East?, page-1812

  1. 2,409 Posts.
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    Terrible story and no one deserves that...But it happens..
    You seem very genuine so from one tradey to another...

    I have never used a stop loss - I buy and sell based on what is in front of me always...
    In this space there are big moves up and down - CHN spiked down heavily just before the Julimar discovery I was a top 20 there.....and sold 384k the day before and got them back after the 2nd poor announcement (but misunderstood) at double the price - So stories everywhere...

    IMO I would wait and watch....(like you said you will do).
    Doji at the bottom and a closing Doji Friday with a big gap in between....
    If the gap starts to close it more than likely will completely fill so if I were you and had the misfortune of loosing all my shares with a silly stop loss then I would try and get them back within that gap but at the lower end of it...
    You may see an intial move up in the morning tomorrow but I would be watching what happens on the close tomorrow...
    The gap down to 0.039c has not completely filled (low on that day 0.04c).
    There is a chance the train will leave without you but I don't think the announcements so far warrant a big move up...
    PUR is trying to find a medium price.....and is starting to consolidate...
    it now has a mkt cap of 55 million and DEV 83 million (DEV has a lot more going for it IMO only).
    Until the DD/RC go down nobody will truly know......

    Sometimes sitting back and waiting can be more beneficial...GL

    Please..... trust in your own judgement and the above post is only what I would do in the same situation......

    Plan B would be to enter DEV .....Ha Ha

    AIMO and could be completely wrong DYOR and GL

    The bottom red trend line near the 200 EMA will be hard to break so the low 0.05c's would be my re entry
    Still a costly mistake 5 mill x 0.01c = 50k but won't matter if it goes where you think it will wont matter..
    But be careful with that also.... but that is a story for another day...GL

    PS do not make the mistake of buying once the gap has closed buy inside the gap...

    PUR CHIEF.png
 
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