well my 9.5 target was hit as i posted a week ago and i have a feeling this is top for now but hey i copuld be wrong. i have sold half my holding at this level as insurance. im looking for a retrace mid 7's now. for HRL to hit 12 is a little overpriced with under 1 mil in the bank still. perhaps the cash injection from edc in due course will be the driver to bounce it off any pullback.
ill probably kick myself for selling but hey im a trader at heart. if i think its a top i will jump at it even if it look like its going higher - markets change fast!
i bought 300k EHR this morning at 2.6 marma and this is my first entry ever. looking forwayd to african assetts this year.
HRL Price at posting:
8.9¢ Sentiment: ST Buy Disclosure: Held