Sunday , 19 May 2013

Bottom Fishing – Safe or Risky??


We have been a long time fan of bounce plays and bottom fishing. If the company has merits even as a small cap it is bound to head north again. As traders we will play the short term but also on companies that we see longer term potential we will sit and hold onto stock. Going into the end of 2009 we are very bullish on gold prices and that will mean a lot of price action on big board favorites like BHP, ABX, GG, AUY and others but we are also being keen on a few small caps. We have made money with TRGD in the past and we believe firmly that this a SOLID bottom play. Check out the chart!


Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Scroll To Top