I'm not dealing with a large number of shares. It's enough to trade and not worry about a huge kick in the pants. I think everyone should trade but that's my opinion.
I think the insiders and supporters should let it find the real bottom. Then rebuild. As for the full BFS... Rarely has a company made an early publication. these are almost always a protracted afair. We should not rush anything and I have the feeling we won't. We cannot push TT and claim they are independant at the same time.
A while back I said people were going to preserve profits. Each level of support has acted accordingly. We are getting to the bare bones. There are people who are waiting to buy but they see these bump ups as artificial support and are going to hold off. IMO. They need to see the volume slow and the price stay flat for a couple of days. There's no point wasting fire power when the powder will be needed after the clock starts.
If CUU intends on going to the smart money in Vancouver then they should let the sp do its thing. After the clock starts then it's time to rally a new base of supporters. Yes, there will be longs freaking out. But you are in so deep there's no way out without burning massive paper. Guys with really big positions should have taken a fair portion off the table some time ago. You probably still can but it's a bigger gamble now. If we all had 25% in cash when the time came to crank it up you'd see the real exit strategy explode onto the scene.
As for my exit strategy, i feel this is the right time to save what's left. My pitance won't make much of a dent but when the time comes I'll dive in. Just bear in mind that they could be going to the show at 40 cents empty handed. It won't matter at that point because the power group won't be selling. There won't be a way to drive it lower. But if you have cash then you can nearly double the value from today's price. I'll take whatever I can gain. If the signal goes green tomorrow I'll jump back on the wagon if not then great.
On a funny note: American Bulls was calling for a wait. Um ya, NS. Ok, how long.
