Replies to post #173057 on Liberty Star Uranium and Metals Corp (LBSR)

[rich2]

I really appreciate yours thoughts; not encouraging to bur or sell. Excellent thoughts we all must consider. .I was in LBSR years ago, like you. Remember that "hole in one" I believe the geologist was superb, but after that hole in one: no activity so I sold all but kept my eye on LBSR for years. All the activity by the insiders. I jumped back in again. along with LBSR, got really Happy; sold half. I have one in medicine and one in oil .The potential in all 3 is fantastic, but the number of successful OTC penny stocks say "be careful" an "take profit" when you can. I know a lot of folks lost a lot of money on LBSR because of the belief of all testing by ZTEM etc. by a superb geologist; maybe a little more business skills required. For what I know about LBSR, volume is low, Maybe like me, I jumped carefully back in. I know a few that are wondering "Does LBSR deserve another chance by me"

[d0lphint0m]

Nicely put.
I was agressively buying between .03 and .05 (because of Pete's aggressive insider buying) but sold half on a double (my M.O.). I sold 99% when the MACD turned down and the middle Bollinger band broke, expecting a dip back to the 50 day sma. Eith the lack of follow through to the downside I may have miss stepped. It happens.