And, of course, the thrill of being on a ride to great riches. Or, is it really more the validation of knowing you were right all along? I think Sum 4 All is correct about trading, and those that are so inclined had a nice opportunity today, and maybe another tomorrow. Keep in mind, though, that the ultimate prize is hard to come by, even in the face of dynamite NR's like today's.
I'm holding, and not trading, but I would certainly consider selling a portion at some higher price, perhaps mid $3's. Look, it's a guess, but if we fall on hard times on this stock (my goodness, not impossible), you'll also feel good about having cashed some out. Then again, if all you're going to do with the money is invest it in some other Canadian resource stock, well, maybe you haven't done yourself any favors!
NOT sure saved my sorry, otherwise red portfolio today! The stock does rise after NR's which the market, and not just NOT fans, thinks is great. Apparently, today was such a day. And, if memory serves, we've had gains off of outstanding NR's for several days after the release as word gets around and more analysis is done.
So, it will be interesting to see how much stamina this NR carries with it.
Congrats to all longs, a great day to be in NOT, and good luck to us in all endeavors!
PS - Wes is a hero today, let's see how long he keeps that moniker. But cut him some slack next time he does something that doesn't sit so well.