re: hig
hig must be a reasonable buy at .40cpc?? Posted 26/04/04 16:08 - 176 reads Posted by downside Post #280241 - in reply to msg. #270646 - splitview
Well as per my prior post...I let the dust settle!! Back in at .40cps today
Limited downside from here?? Time will tell?? ------------------------ Just closing off my above post. bought 26/4/04 @ .40cps Closed out late this arvo at .51cps Profit 27.5%
Why close out position? Stock ran pretty quick and basically looks as though it might trade sideways for a time? Big guys seem to be tightening it up now, hence may pick it up again lower? Stock is classed as "high risk" imo, and the last announc. was only 1 hole, hence if no further news comes soon, stock could easily drift lower. POG will also reflect traders thoughts?
Anyway good luck to holders. :-) ps: I will no doubt buy again (could be at a lower price or at even at a higher price)
HIG Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
