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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: Ed Ajootian who wrote (30179)2/23/2004 8:49:24 PM
From: CommanderCricket  Read Replies (1) | Respond to of 206085
 
Ed,

I agree, I like SNG and built a position several press releases ago. Something about buying a piece of a rank wild cat on the Scotian Shelf sounded exciting....

However, when it went over $2.75 I started selling a third of my position on every $0.10 up until I just sold the bundle at $2.95.

If there is one thing I've learned is never leave a 20% - 30% run on the table, especially in one day.

There are "always" other opportunities...that said, I hope SNG pulls back a little so I can rebuild my holdings.. :0)

Michael