re: Ann: Acquisition of 15% of WA-360-P (Arte... After reading the announcement, I found myself staring at market depth and two decent parcels available in the 12-13c range. Two things held me back, #1 that it had gone up 50% already and #2 to a lesser degree, a lot of my capital was tied up in another trade. I eventually bought in around the 17-18c mark.
In reference to your post YT, my point is sometimes when a share price has gone up 50 or a 100% we instantly become more cautious at the expense of the facts at hand. When it hit 22c my mindset changed from daytrader to investor. An very valuable transition and that 50% gain became 400%.
MOG Price at posting:
31.0¢ Sentiment: Buy Disclosure: Held