I'm buy and hold - I don't think there is any day traders posting here, two weeks is too long to have capital in this puppy for the day traders.. but I envisage the returns to be roughly the same for those who are patient.
After the last good announcement, we saw it rise, then fall in the same day. the day traders will want to ride the next good announcement but will miss the huge gains as they will buy at 7 sell at 8 or 9 according to the predetermined exit price.
Ive taken a bit of both worlds, sell half of my oppies at .004 (double my investment) in case it falls again, in which case I'll be happy to pick up more at .002, and still ride the wave through to production. Having said that, this is beer money for me, and provides some excitement during my lunchtimes when I can log on and check my horses.
CFR Price at posting:
0.7¢ Sentiment: LT Buy Disclosure: Held
