Winston's Growth Stock Report
Issue 43, October 21, 2010
Hathor (HAT, TSXV) Trade Alert
News out this morning reported "HATHOR'S ROUGHRIDER EAST DELIVERS BEST HOLE TO DATE: 63.5 M OF 7.75% U3O8, INCLUDING A 17.5 M INTERVAL OF 24.3% U3O8, WITH ASSAYS AS HIGH AS 87.2% U3O8."
This news sparked a gap up and spike in the share price. Typically this is a selling opportunity. After a stock gaps up and spikes, it will usually, but not always, retreats in price after the news event.
I for one am taking some profits off the table and will look at re-purchasing at a later date.
-James