The first spec I held was paladin at .480c I spent $2000 it fell to .460c and I sold for a loss. I then kept an eye on it for a couple of years it went to .080 for awhile and sat at 1c for ages and I started to think I will put $10000 into it then it moved to .120c and I said to myself I am not paying that I could have paid 1c then it moved to .150c so I put my $10000 in not having a clue what I was buying or doing at the time. It went to 2c and I decided to buy another $5000 worth I held 875000 shares in pdn when they hit 5c I sold 375000 and thought I was clever to make a profit then I got a letter from a brokerage firm in WA telling me I was a major holder and would I like them to advise me what to do with my holding, at the time pdn were trading at 34c and for free adviced told me to buy as many more as I could, I thought if you are so smart where were you when they were 5c so I ignored the letter ( big mistake) I decided to sell the remaining 500000 I held over a week and trade them, I sold for an average of 70c and they opened 20c higher on the next Monday at 90c after an announcement of funding gezz in the 16 months I held the biggest move was 5c talk about timming so I traded them until the mid $4 range I cannot complain I made money it was very exciting but it was also an opportunity of a lifetime I did show the letter to a friend who did act upon it and did very well from pdn and the whole time I thought I should be trading I was so wrong all I had to do was be patience and do nothing a hard lesson with hindsight. PDN almost hit the $11 mark and it didn't take long to go from $5 to $10. Anyone else have a story. I have been doing nothing with tng for 10yrs about time it did something ahh
TNG Price at posting:
11.0¢ Sentiment: Hold Disclosure: Held
