Puzzleman,

Your point is well-taken.

My point is I'm not trying to day trade this. I made my first buy 6/9/08 at $1.66 a share, added 9/19/08 at 1.12 and then waited to add again until 6/25/09 at .50. I've bought more on the way up, but not higher than .74.

While some note a loss is not a loss until it is taken, so it is that paper gains are just that until they are realized. Better, I think, to book profits periodically and look to re-establish later, if possible. The percentages are that you won't be out on the one day the big news hits.

If that does happen, there are other fish in the sea, as you seem to acknowledge by referring to the number of juniors you follow.

Best of luck