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1.3¢ bassari resources limited

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GoldPirate

10,741 Posts.

1442

27/05/16

10:52

Post #: 17882193
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Originally posted by rs250 ↑

I don't see any fireworks on the horizon aside from maybe some color at the AGM about the future, but what I do see is that the weak hands are being converted to strong holders. The sub .030 holders who were looking for short term momentum were blown out yesterday, there are still some still trying to get even at .029, but once they let go its off to higher ground, news or no news, we are running out of sellers so all that's left are buyers. This is such a typical pattern.... Max Pain was yesterday and max worry will be when it gets above 0.030. Resist the temptation to sell and you will be rewarded.

Just remember, the repricing isn't up to us, its up to the guys sitting on 100 million share lots. Once they see sunlight they will start accumulating and you get a runaway gap open with crosses of 5-10 million share tranches. oh.... IMHO DYOR FWIW LOL

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I'm content with my entry point this time around. Small volume opportunity buying doesn't phase me. It's the selling that makes me laugh

BSR Price at posting: 2.5¢ Sentiment: Buy Disclosure: Held
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