I must confess I sold my position today. I couldn't pass up the 50% gain.
I felt it was too much gain too soon and that it would pull back and I'd buy back in.
The announcement then came after trading hours and I wondered if I did the right thing. If the announcement turns out to be about capital raising then I'll end up being really glad I don't currently hold. If it is some other positive announcement then ..... doh!
I kind-of feel it could be the latter because I couldn't see why else this puppy ran so hard today. Last Friday's announcement was positive but not enough to make in go ballistic IMO.
What ever happens, I can be happy with my 50% profit locked in.
Also, I'm the top stock tipper at the moment thanks to TVN.
TVN Price at posting:
3.0¢ Sentiment: None Disclosure: Not Held
