well I can tell you that I am very happy that I have NO risk in the Coffee House. I am not a big fan of RED as I feel his posting of dates for a LOI are moronic. No way can you say when a LOI will come unless you are an insider, so he is a blind pumper. While I felt it must be close with the addition of some new MM's, that may have just been a coincidence due to the increased volume. You see, MM's follow volume, and when it picked up there.....they may have wanted a piece of the action.
If and when a reverse comes there, that price will surge rather rapidly imo. So, if you have a free position, just watch close as I feel IF a reverse will happen, it HAS to come in the next 6 months, if not, it may never come.
That is all I have on that one, I am more concerned about our Dauphin right now. I have all of my trading money in there, YES, I will trade it on any surge, that is the way I play. I also have my long positon in another account that is never touched. The thing about me trading is that I NEVER hurt the price. I sell in tiny chunks and I am never a threat to the sp. Its these whales that sell it all in a short time that kills us on any upward movement imo. I only wish these yahoo's would call me so I could get them out clean with little movement in price.....the way they do it is about as amateurish as I have seen. They dont seem to give a rats azz about anything except getting out.....its pizzing me off.
Sorry for the rant, but my trading of this issue is healthy imo. I buy at the lows, or at least try too, then sell my little chunks on the way up. TRUST ME, I never sell and the price tanks.....its our resident whales that fck it up.
Me thinks more big stuff is coming, so for now I am going to sit on all of my positions.......lets just see what comes out near term.
Best,
olico
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