Club Mulgoa

Monday, August 20, 2012

BUT

This morning after the market has opened, I decided to look at good announcements from other stocks.  This one caught my eyes with its good exploration result in Tanzania.  As it was early in the trading hours, I bought a small parcel with the idea of selling it in the afternoon if it ran up quickly.  When I paid 10c, I noted the price went down.  That is nothing unusual as it is impossible to get the trough.

But it went higher and finished the day at 10.5c.  I don't intend to hold this stock for long as it is only a small parcel and it is expensive to trade, relatively.

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