Primer for the weekend
Back slapping before results.
Unrealistic prices bandied about.
The day trades are now here.
Yip.
The mega hype monster is loose!!!!
Some have rightly reminded you of what could very well happen.
Some have very rightly told you to set an exit plan.
I say.
Set your trailing stops.(Stops that move up with the price)To make sure you lock in your profits WHEN the main distribution starts.
If oil is announced. Consider that a price trigger to take profits. The price almost always retraces.
Why? Because others at taking profits. Be one of them.
You can re-enter again lower for another trade.
If you let the "The mega hype monster" trigger your "greed". You will let reason abandon you.
Remind yourself of the self interest groups who are sitting on very cheap shares and will/are taking profits.
Regardless of the ramblings of some. More funds will have to be raised and the above will want a piece of it.
Keep in mind that A-4 was first announced at 1000bopd. Yet is only producing 170bopb. That only 60% of that is CTR.
Bare in mind certain people here will be selling as they try to convince you this a TL.
Watch the volume/price action like a hawk for the first warning signs.
dazzaa. FA will mean FA here.
Remember.
You will never go broke. Taking profits!
TRAILING STOPS. TRAILING STOPS. TRAILING STOPS!!!
All my opinion. Do your own thing.
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