Hi Stockplaya ... You said "A drop to the late 50s and ill be back in, made a few off some nice trades and feel its worth the risk to do a bit of speculating on Hole 3."
To me, this makes no sense. Surely, if you honestly believe that it is worth speculating on Hole 3, you would do it now, rather than possibly missing out because you want to get in for just a few cents cheaper ?
If POK doesn't drop back to the high 50s, you miss out ... and even if it is does drop back (which would break current support level ), then you'll be wondering whether it could indicate bad news is coming, and you may not be brave enough to buy anyway.
I had been contemplating buying this stock for some time, and just got some recently around 62c ... I reckon the time is right, if you really do like the risk / reward of Hole 3 success.
Just my thoughts.
Wayne
POK Price at posting:
62.5¢ Sentiment: Buy Disclosure: Held
