let just say we don't see eye to eye on valuation of the companies that we invested into, yet if we meet face to face, we would almost looked into a mirror and see our self as we both are protective of our own investment decision and the shares that we invested into. This include POS while I dont see your $5 prediction in the medium term, even if all 3 mine is up and running, but there is potential for POS to be pumped and go for a run. Dont for get, lots got burnt in the last few run and will over look the opportunity. once bitten, twice shy, 3rd time is stupid. Just look at announcement for POS, for a number of years, it has been 6 months after financing. Financing never came and it will not come.
If I had the money, dont hold SIR yet, and looking, comparing the 4 Ni Companies incl WSA, pure trading objectives in mind, limited TA, the sir would still likely to be my first pick then MCR. Simply, bigger daily trading range, high volume, tight register (more so Sir), if it had a large percentage dropped, recover is quicker. At this stage POS will not rate as trading range is tight and limited news, load or CR shares at the gate waiting to flood the market when price recover and it will then cap the price or ability to run until that is flushed. Then from 11c, will take lots of news to push it back to 18c and then more wait for
the exit.
Sir with tight stop, discipline, and pick the possible bottom and recover can be in the short term. dont be greedy.
SIR Price at posting:
$2.51 Sentiment: Buy Disclosure: Held
