show of strength, page-4

Oh boy, you're so right about left field announcements making trading harder! Recently I slipped out at 21c with the intention of buying back in a bit a lower and was completely caught out by the Fossey East and Switchback announcements which pushed the price up significantly. Luckily I made enough money elsewhere while out to enable me to get most of my original holding back on a pull-back at 27c. Considering I've successfully pulled off the tactic a number of times, though, I can't complain. It's a bit of a risky strategy (which I'm sure many employ) when you believe in a company long term but I just hate to see price pull-backs and not try to make use of them. I've got to say that at this point in time, though, I may shelve that strategy where BSM is concerned, for it can't be too long before a major price hike occurs, and I'd hate to miss that.