Hard call for someone else to make .... What the cap says makes sense though ... i was trading myself silly until I started doing the same thing. Put half of my cash into my BEST pick & then hold & add.
First AGS Then ARU Then BLR Then UKL Then WHE Now BMN
All the while I kept some cash in the market to trade any movers. Sometimes called for patience with each of the above, but in the end they rewarded me many times over. To the point that now I can afford to have about 4 or 5 large positions, and hold a number of others on the side
Currently in order of size: BMN CVI GUJ/O Currently have built medium positions in DIO, NEC, MHL, and SSC ... there are also a few others.
My suggestion is to maybe double your current position in BMN, and then add to it on strength. You wont go wrong. BMN is now without doubt the BEST uranium stock on th ASX, besides PDN & ERA, but they had better be prepared to move aside!! ;-)
All the best
BMN Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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