Oil Sands and Related Stocks Message Board

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Gold/Mining/Energy : Oil Sands and Related Stocks

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To: roguedolphin who wrote (2951)	9/24/2005 2:32:38 PM
From: rubbersoul	of 25575

<I will use this pullback to try and time a purchase for some "trading" shares from here.> I did that for a while (core/traders) with PBG but stopped trading because I feel that we are WAY undervalued and that a bid could be announced at anytime. Instead, I've just been adding on weakness. When the take over bid is announced then all those ST, trigger happy gains will be erased because one will have to scramble and pay higher prices for PBG. This is why I loaded up on PBG at an average price of $7.40. It is about 35% of my PF now and I am holding for the take-over. This is either the boldest or stupidest bet I've ever made but I just can not see another situation where one is almost guaranteed a triple within 6-8 months with the eventual downside risk being $17 (i.e., Haywood). Good luck, John

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