Do you have any more info to clarify said rumour?
I will introduce myself here and tell a bit of my story. I sold much of the NIR in my trading account (at $1.16) to buy GLE (at $3.95), and yes I AM pleased how that trade has gone so far. Only a measley 1300 GLE for me right now but I like its potential.
I put GLE on my 'watch list' quite a while ago, after learning of GLE through lurking on the BLD thread. I would've got into GLE earlier, maybe around $2 but I was too sick to get out of bed for a few days there (I seldom get sick but when I do...).
It's been rather quiet on this thread lately, I'm also lurking through the "Daytrading Canadian" thread and the Stockhouse forums but not posting.
I'm learning a lot from lurking amongst the "Daytrading" thread, some excellent strategies, TA, and advice from those guys (Hi & thanks Chief, Keith M, Ward N!) Man, I sure respect those guys. To others here, I highly recommend that you check the "Daytrading" thread out, excellent info! They are also following GLE very closely.
No I don't have CSW membership or RT quotes, just on-line trading (thru Royal Bank NetAction). I am now convinced more than ever that using stops effectively is a very good strategy. Next leg up (if we get the major news next week like some are expecting), I will put a stop in to lock in profits and follow the stop upwards as the price advances. Any strategy comments, Chief?
"Watching and Learning", Greg
EDIT: Nang at Stockhouse, nice research efforts! |