sure...ELM is pretty scary for me also...i generally buy small...

sure...ELM is pretty scary for me also...i generally buy small market caps rather than $150m+

i first bought ELMO at 14.5 cents and was exiting stock at 85 cents to be well free carried, that is, before the $3 spike

my point was when you are running a loss, to exit at 80 cents is pretty risky when it can bounce hard or receive a take over offer tomorrow

like PEK...i planned to exit 1/2 my stock at JORC but the JORC was so good i forgot my plan

now sitting on a loss but the PEK share price is too low to sell now, even if it goes down to 20 cents. just sit & wait when the world class deposit is proved, imo

in time, an offer comes

look at UCL. i actually exited stock i just bought a few days before the MAK offer. 100% profit gone

regards