sucked in and spat out, page-3

Netaholic...

lol...and let me guess...you have been holding for all of about three-four weeks?

Everyone in prior to that is in profit, even after the recent "seeding" induced retrace, so one might like to view one's timelines in a more reasonable way?

GUJ will never be about quick returns, although there will be times when rapid price moves, due to the tight nature of the stock, will ensue.

Especially around periods of trader interest, such as drilling campaigns, or indeed when the current corporate influence ends.

You are wanting out just when most will realise the value of wanting in...but they say 90% of traders do this, so no need to feel different.

The secret is to adopt the right view from the outset...don't fully load up at any given time, so we have plenty in reserve for top-ups...and recognise the stock’s likely parameters so we don't get flushed out by what should really only amount to a short-term influence.

Of course, had we known the seeding activity would ensue, we may have held back our initial purchases...but as always, hindsight is a wonderful thing.

The difficulty is when our stop-loss triggers are met…to which I say on stocks like GUJ which are going through short-term influence, one needs to be a little more liberal perhaps with their trigger lines…each to their own of course.

In the wash up…as long as you bought for less than they are worth, you should do alright if you adopt an appropriate timeline...and in my view, anything this side of 75c, at this point in time is a cheap buy.

My opinion of course.

Cheers!