Environmental Assesment about to come out so what would I do in such circumstances?
I have two portions to my share hold.
1. short term and speculative to take advantage of the yoyo swings. ( originally half of total, now only a third)
2. And a long hold which is now 2/3 of total. ( this I hold until the cows come home or am literally forced to fork it over.)
So I discuss further about the short term 1/3 hold:
I expect that just after the EA is out the sp will reach at least 60 cents. I also do not expect the transportation news for a while so the sp will languish after the 60s cents.
In that case I sell some at about 50+ cents and wait for the retrace to buy back for at least 10 cents less.
Yes I will sell just some because should I be wrong and no sp retrace to lower levels I would not lose much and what I would lose would be offset by the holding high price or maybe it would continue to advance to higher levels. Then I still would not have any regrets.
Now, along with my previos post along this line, all of you see my logic. Cheers, Ed G.