Replies to post #17649 on Western Sierra Resource Corp (WSRC)

[Themadgreek]

Look don’t worry let them shorts drop it. Just don’t sell to them to let them out on the backside. You have to set the trap. Got 2 weeks get some cheapies while you can. I scale in every month. Still want 3mil to finish my position here. Praying I can get cash in time. -MAD

[gitreal]

If the company releases news it will go up and if not it will go down. As simple as that.

I actually agree with you on that.

The part I disagree with you is what is defined as "news". Making up BS about billions in gold, platinum, rhodium, and processing it through some secret equipment........that's news? No, it is not news....it is sheer fabrication, fraudulent, designed to sell shares to gamblers and naive dreamers.

Same with the $1.9 billion mitigation contract, which they don't have. They might have a general services contract with the reservoir people...but those folks don't control the money. They have tried for years to get funding, and failed. 10 years of $200 million a year is sheer nonsense. More BS designed to sell shares.

And the hemp. The helium. The magic batteries. Spaghetti.....meet wall.

[sahd3g]

Chill dude. Mood ring indicates you may be an insecure long in pinky land. .

Only invest what you can lose. Quality stocks are rallying today again. Turkeys less likely to fly with the market, but a strong market ultimately leads to turkeys soaring ...a contrarian indicator that markets are too hot, toppy ... good time to take some cash out.

Maybe WSRC won't test the 50DMA, or maybe it tests the 200 DMA. Nobody knows. Odds of cashing out ahead favors waiting for a much lower RSI, and signs of excess optimism washed out.