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Re: frankie_fillet post# 260

Thursday, 04/07/2016 12:30:59 PM

Thursday, April 07, 2016 12:30:59 PM

Post# of 541
Frankie I was on this from 3-4+ like 3 times and then it skirted to the 5s ,6s 7's all the way to 9.50 Nice move but I got off and on several times and missed the 9.50 move ... got out at 8.10 ish .... bought again ... took a small loss but overall nice gains on the ride up.

Currently not in IO as I didn't like the way it moved yesterday when oil was up 2.00 a barrel and it sat in the red for quite awhile only pushing green toward the close ... Me thinks what drove it up to 9.50 was a combination of insiders buying and market sentiment as oil had risen to 40+ at the time.

It's kind of a wait and see or wait and miss the move is probably more like it for me LOL!

Back in PFIE and just picked up 10K shares of NUSMF yesterday and day before ... thinking that they might be on their last dip there.

Not one for long term holds but realize NUSMF is gonna be a buy and hold for awhile but 2018 is getting closer and I do expect NUSMF will start rolling up higher as they get closer to first ore.

Omex has been trading similar to ION GEO in that both stocks did a reverse split recently ....IO 1:15 OMEX 1:12 /// I wanted to pick up OMEX on the pullback after the R/S but was busy elsewhere and missed that low .... but I wouldn't trust OMEX at all ... and I don't care if they end up at 100.00 a share .... Well enough said there because we know why!!

Both OMEX and IO can have wide spreads due to the lack of volume .... not enough liquidity as you stated!!! For ION OIL price is the catalyst ... for OMEX ... the Mexican deal!

Good luck Frankie!!

"Diversification is a protection against ignorance. It makes very little sense for those who know what they're doing."

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