HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: Re: Ask yourself ?Rob
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Jan 15, 2008 02:50AM
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PM
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Jan 15, 2008 05:16AM

For sure there is nothing wrong with daytrading. It is a noble profession for sure but there are issues that should be kept in mind.

A good daytrader will never bash a stock.

A good daytrader would not advertise his plays.

The thing is that the bashers know how the board works. They also have an understanding of the Human Species. What they will do as all can see is they will push the share price down as in this case and keep it below 4 bucks knowing full well that the majority of share holders are holding higher than 4 bucks. So in short the sp is out of reach for many to trade down. They get fed up and sell sometime!!

They isolate those in high and walk the sp down like they are today so they can get in a little cheaper. When we trade down to improve our position we play into their hands and the sp does fall as you can see here.

But you can't fault anyone for attempting to improve their position. I would like to as well. The problem is that those who bought high can not trade down without losing thousands of dollars. They know this. So they have the board divided immediately with the longs who got in cheap and early and the investors who want to go long but have paid over 4 bucks and can't get the opportunity to trade down.

There is definitely a big difference between a day trader and a shorter or basher for sure.

Daytrading takes nerves of steal and this type of trader has my respect so long as they don't bash the play. They must do a lot of DD and really have a sense of the play so they do have some excellent info they will have accrued..

Good Luck all..:)..Don

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Luk
Jan 15, 2008 06:48AM
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