Wits Basin Precious Minerals (fka WITM)

[YankeeAce]

Well I'd say somewhere around $0.25 would be a good re-entry point if you are playing within the bands. Of course playing that game runs the risk of getting shutout and missing the huge run that is coming. So to be safe I'll probably begin to accumulate down around sub $0.30 levels. You have to look at what the upper limits (expectations) are and then just do a cost/benefit analysis to pick your entry and exit points. IMO there is a slight chance this could run to $2 pretty quickly. For a shorter term I am looking for $1. So either way you look at it any purchase price at this level is a smart risk. I just don't like to see a huge portion of my portfolio in a single stock. To each his own. GLTA.