PDY 0.00% 0.7¢ padbury mining limited

what's going on?, page-25

  1. 91 Posts.
    Hi, I'm not trying to scare at all. I've had a large position at 24c for a couple of months. I was just agreeing with a commenter who postulated that the speeding ticket was caused by a leaked comment by the company, who in turn would want to withhold the results for a week or so, in order for there to be no negative connotations. I'm certainly bullish, no doubt about it. If anything, I'm just trying to warn small holders who might be betting a lot of their hard earned cash on this company into being too hasty into selling if it does retrace. Obviously the movement today is very optimistic. I tend to be a medium term trader as I've found it to be the most effective way to optimise earnings and I'm only able to be a day trader about 50% of the time. When I was starting out I would frequently jump between companies, usually at a loss. I'm just offering my opinion that if this does retrace to hold it, as much higher prices are available to those who are able and willing to wait.

    Hope that clarifies my statement earlier. Cheers.
 
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