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| Uranium Exposed: Update: Purepoint Uranium (PTU-TSXv) $1.07: 1 day gain +21% |
| Tuesday, November 21, 2006 |
I introduced Purepoint Uranium (PTU-TSXv) yesterday at $0.88, since then it has gained 21% in 1 day. If you entered a long position for a simple trade, you may want to think about liquidating part of your position and buying back either when news is released, or on a pullback. PTU still appears to hold potential and could release some stellar results. However, with such a big move in the last two days, we could see a buy the rumour sell the news scenario if drill results don't meet expectations.
Just stay tuned. |
posted by MicroCapMayhem @ 11:00 AM   |
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| 3 Comments: |
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Hi Jared,
I never had a chance with PTU, since it hit $1.05 by the time I looked at it for the first time.
But I will keep it on the watchlist for a possible play on the pullback.
Thanks for pointing this out !!
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Caught it at 1.03 this morning.
Thanks MCM !!!
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Hi Jared,
I never had a chance with PTU, since it hit $1.05 by the time I looked at it for the first time.
But I will keep it on the watchlist for a possible play on the pullback.
Thanks for pointing this out !!