RXM rex minerals limited

Unfortunately, I was too late to join the RXM train, if I had...

  1. 3,313 Posts.
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    Unfortunately, I was too late to join the RXM train, if I had picked up the information earlier in the day I would have been abroad the RXM train. These type announcements always have legs into day 2, with good press coverage.
    In the past this particular area has produced some great trading opportunities, where we have seen huge spikes in prices.
    From observation a very good announcement tends to give 3 really good up days, before the stock drops back as some traders then panic.
    Today is day 2 of the run, so don't get to carried away with expected future profits. Remember it is important to lock the profits down before other traders cause the stock to trade lower & start a panic among other traders.
    Sometimes it pays to leave early with profits rather than be greed.
    Good luck to all traders, the market needs more of these runners(LOL), but don't get caught holding when it pulls back.
    Regards
    Buffett
    PS At least some traders are again in the winners circle.
 
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