WillP does a good job of writing his Street Wires and my hats off to him for doing such a good job.He is one of the best data collectors in the business and is accurate.
Thanks.
But in the jr spec game were the success rate is very close to zero,it pays to use the writings of Will when making investment decisions,I do it all the time.His opinions are of value as most investors invest with rose coloured glasses on.
I would expect nothing less, James.
Like it or not,and maybe not Wills intention, but investors do trade on Wills public Street Wires.
I'm sure they do. Many articles are neutral, and they spark limited immediate reaction, but I have whaled away at a few dogs or stars over the years, prompting some sharp price moves.
When I say I don't recommend buys or sells, I mean exactly that. I don't mean that a savvy investor can find reason to buy or sell a stock, based on the facts and opinions in a Street Wire.
When Will comes on a chat board with his opinion,people listen and may in fact trade on that opinion.
That may be the case. It's one reason I don't answer specific "do you recommend" questions. I have no problem discussing the merits of the projects however, nor do I shirk from reminding investors of the tenets of wise investing.
Is this a good time to buy Mountain Province? That's an individual investor's call. There are reasons it could go up, and reasons it can go down.
Can someone still make a profit by buying today? Quite possibly. There are a few events that could lead to a higher share price, I suppose. That pesky takeover you keep talking about might be one way.
For someone who bought a few years ago at 50 cents and now has a nine-fold gain, I would still suggest a reassessment, based on the possibility of a drop in share price. Can anything go wrong? Yes. Another diamond disappointment at Tuzo is one; less-than-expected numbers from the prefeasibility are another. It's all about locking in profits and limiting risk, is it not?
Anyway, continued good fortune.
Regards,
WillP |
