Pinnacle Activity Ticker
Africa Oil AOI TSX.V Time to take some Profits?
I got in a little late on this one but managed to take some profits even though regretfully I could have made a whole bunch more but a profit is a profit and experience has taught me not to be a greedy pig or I risk the high possibility of being slaughtered.. My advice from my hard and ver expensive lessons learned at the School of Hard Knocks is ALWAYS TAKE SOME PROFITS. In my life , I have had many winners but let them slip away by hanging on, loading up and losing out. I can honestly say that the majority of the time these stocks can be bought back again at more reasonable prices. Africa OIL is bouncing off that 10 dollar mark and has all the earmarks of lots more upside, but bumps in the road appear 99% of the time. If you are a winner here, my advice is to take some profits while keeping a core position. If you have a huge profit and can retrieve your original investment, please give it serious consideration. Nobody can predict the top or the bottom and day traders,flippers whatever are now attracted like magnets to this stock and will influence the price up and down. Advance forward but KEEP YOUR TAIL COVERED