I have been watching this from the sidelines since the last 4-5 weeks & I am glad I didn't enter at 26-27c when I first planned to invest in this company. I know that once it comes out with some good drill results this will definitely go above or near the 35c it touched a few months back.
I think this is perhaps the best time to buy (technically speaking - with or without the drill results). But on the other hand this has a chance of slipping down all the way to 14c too. I think I will split my buys into 3 smaller chunks & buy the first lot at say 17.5c, the second at 20c & the third at 23c (presuming it moves up). If it goes below 17.5 cents I won't buy.
Can anyone please suggest / advice whether this is a good strategy? Your comments are much appreciated....
Mr_Delta
MDS Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Not Held
